Question;
Have an employer 401K that is being terminated and unfortunately my only option is to rollover to a traditional IRA which in the past was used for Back door roth purposes. Had always kept the number on this account 0$ until now. However when this rollover takes places how would I be able to still contribute the $5500 yearly and convert to Roth? Thanks for the help.
Have an employer 401K that is being terminated and unfortunately my only option is to rollover to a traditional IRA which in the past was used for Back door roth purposes. Had always kept the number on this account 0$ until now. However when this rollover takes places how would I be able to still contribute the $5500 yearly and convert to Roth? Thanks for the help.
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