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re: Tax experts/IRA experts.

Posted on 1/31/24 at 6:49 pm to
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6119 posts
Posted on 1/31/24 at 6:49 pm to
quote:

May be able to backdoor a Roth though.


Do sep-iras no longer count towards the pro rata rule?

I know that you k
now can do sep ira roth contributions.

But I thought if trying to do the non deductible trad ira contribution -> roth conversion that form 8606 still accounts for trad sep ira amounts therefore you get hit with the pro rata rule still.
Posted by slackster
Houston
Member since Mar 2009
85387 posts
Posted on 1/31/24 at 8:41 pm to
quote:

Do sep-iras no longer count towards the pro rata rule?


No they definitely count against I just completely forgot about it mid post. Good catch.
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