Late Roth IRA conversion?
Late Roth IRA conversion? I do not have a 401k and my IRA accounts are through Wealthfront. I contributed $6912 into my Roth IRA for 2024, but didn’t realize I was ineligible until I received my W-2 a few days ago. Hoping to correct my mistake, I was doing a lot of research about performing a backdoor Roth. 1) I opened a traditional IRA - it required $500 to open an acco...