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re: Back door Roth
Posted on 4/29/15 at 9:46 pm to Gorilla Ball
Posted on 4/29/15 at 9:46 pm to Gorilla Ball
Should've done it a month ago and you could've done 2014 and 2015.
Start a Traditional and deposit max into it, roll to Roth. Keep that traditional open with $0 balance and do the same next year and every other year.
If you have a current Traditional somewhere else it is more difficult. If it only has a low balance its not a big deal.
Start a Traditional and deposit max into it, roll to Roth. Keep that traditional open with $0 balance and do the same next year and every other year.
If you have a current Traditional somewhere else it is more difficult. If it only has a low balance its not a big deal.
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