Backdoor Roth IRA Conversion / Trad 401k Rollover Sequence
Backdoor Roth IRA Conversion / Trad 401k Rollover Sequence Say someone completes a Backdoor Roth IRA conversion at the beginning of the year. At that time, they have no traditional IRA balance before or after the conversion. Then later on in the year, they switch jobs and roll over their traditional 401k to a traditional IRA. In that case, they have a traditional IRA balance at the end of the year. Does...