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Dec 26, 2024
10:20:42am
PCCoug Starter
You will need to move your IRA to your 401K
You can’t have money in any IRA or else you are subject to the pro rata rule. You’d need to do a rollover into a 401k if you have access to one. When that is taken care of, you would donate to a traditional IRA and then roll that over into a Roth. You only need to do the backdoor if your income is over the limit for the contributing to a Roth.
This message has been modified
Originally posted on Dec 26, 2024 at 10:20:42am
Message modified by PCCoug on Dec 26, 2024 at 10:21:12am
PCCoug
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PCCoug
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Dec 26, 2024
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