My current institution is a pain in the ****************** to convert annual TIRA contributions to "backdoor" Roth IRA. I have to create a new TIRA each year, fill out a form, submit it to their general documents people, let them process it, and they empty it and close the account each time. I'm not the biggest fan of their investments, either. I'll probably switch for the upcoming year.
I know Vanguard has a pretty simple option built in. I like theirs and Fidelity's funds. What are your experiences with your institution and making the "backdoor" Roth IRA contributions?
I know Vanguard has a pretty simple option built in. I like theirs and Fidelity's funds. What are your experiences with your institution and making the "backdoor" Roth IRA contributions?
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