Getting close to early retirement… please help me understand backdoor Roth
Getting close to early retirement... please help me understand backdoor Roth Long story short, my wife and I are approaching retirement within 5 years. She has made a nice income overseas that is all FEIE, and so has only contributed to Traditional 401k (can't exclude the income from taxes AND contribute to a Roth 401k, as we were told, and we felt it was safe). I earn a military retirement which is pretty meager. When w...