Backdoor Roth IRA - conversion timing

[engaged73016]

Hi all,

I recently contributed $6k of after-tax money to a Fidelity traditional IRA with the plan of doing the backdoor Roth IRA. I do not...

[jbrody2022]

Hi guys, appreciate all the help I've gotten from reading this site. I do want some advice on the next moves as I start my career Aug 1st.

...

[FrancisBayes]

Call your legislator…because why would anyone not want this?

“The bill, S. 4440, allows rollovers from a 529 plan into a Roth IRA without...

[lmassoth]

I had planned to do a Roth back door contribution for my spouse this year (we have not made any such contributions in the past for her). She had a previous...

[Theneuron]

Hi, I am soon transitioning from residency to attending salary in 2023.i expect to be over
My spouse (non-physician) has a 401K with over 10k...

[dermres120]

Hi all,

I'm looking for recommendations regarding a TPA to help setup/manage a solo 401k that allows MBDR.

I currently have...

[JimmyH]

Dear All,

After I finished my medical training, an “advisor” rolled over my Pretax-retirement account directly to a ROTH IRA account....

[hzioni]

Hello.

So for tax year 2021, I did not realize my spouse and my combined income exceeded MAGI and we both contributed $6000 to our individual...

[wciabc123]

I contributed to a roth ira (vanguard - vtsax) in 2021. I am going to file MFJ when we file taxes in next week or two. I have also been contributing to...

[DaBears38]

Thanks everyone in advance for the feedback. I know this is another BDR thread… I searched the forum, but did not have any luck finding my exact situation....

[morris]

So I have an old SEP-IRA and a Roth IRA at a particular custodian. I want to convert the SEP to a Roth but I am hesitant to mix the 2 accounts together....

[TheIBDologist]

I just came accross this article from WSJ:

https://www.wsj.com/articles/retirement-savers-love-the-backdoor-roth-ira-strategy-it-might-n

...

[Toothmover]

This is the first year that I am doing a back door Roth conversion. I had 10k in a traditional Ira that my advisor told me to convert to a Roth IRA to...

[El1200]

In 2018, I over-invested in my Roth IRA because my salary changed putting me into the partial contribution position. I was able to recharacterize that...

[AlwaysRelaxed]

I am asking for my sister. She just started travel nursing (still a W-2 employee) and she would be earning more than the Roth IRA contribution limit....

[imdmd]

Hi everyone,

I graduated from fellowship this year. I previously thought I would be eligible to fully fund a Roth IRA because I took a few...

[drmac15]

Have gathered knowledge at WCI over the past few years, and finally feel ready to move completely to DIY. I am almost 5 years out of residency and looking...

[Momo]

Hey folks. I keep going back and forth between the backdoor Roth-IRA and maxing out my 403b and 457b. I have the ability to backdoor up to 57K annually...

[ir0nhide]

Hello folks,

I have a question regarding the impact on a Backdoor ROTH IRA in the same year that I am switching employers and moving my existing...

[txortho]

I have a question regarding selecting the most appropriate retirement accounts for my wife and myself. We are both dental specialists in our first year...

[hemoncmd]

new to investing- glad to find WCI , in the process of learning
33yo ,currently in training, have an emergency fund, maxed out on employer 401 k...

[EyeGuyMD]

I did a backdoor Roth for both myself and my wife, for 2019, contributing $6000 to each. We just recently submitted our tax returns for 2019 and reported...

[SeaBehr]

I'm leaving a former employer who I had a 401k with about $40k in it. I've been reading that it's best to convert it to my IRA which I have with Vanguard,...

[SteadyInvestor]

Hi,
I opened a new traditional IRA account at E*TRADE and made contributions for 2019 (late) and 2020 with the intention to do a backdoor Roth IRA....

[AltIncome319]

First want to say that WCI has changed the way my wife and I look at our finances which has been great, so thank you to everyone on hear for that!!...

[ANPrinceton]

My wife has a deductible traditional IRA to such she has not contributed since opening it initially in 2003. She took deduction back then on her taxes....