Sunday, August 1, 2010

Backdoor Roth IRA contributions using traditional IRA

Backdoor Roth IRA contributions using traditional IRA


I expect to NOT make more than 20 trades a year. I am mostly interested in company stocks, but would like the option of a few mutual funds. I also do not need.


Opening a Roth IRA can be done in just a couple steps. You have options for the type of investments your Roth IRA uses, and can select the provider you want.


I expect to NOT make more than 20 trades a year. I am mostly interested in company stocks, but would like the option of a few mutual funds. I also do not need.


I had a traditional IRA funded entirely with non-deductible post tax money which I converted to a Roth IRA today. As I am still above the MAGI incom.


Most have the choice of converting from a traditional IRA to a Roth IRA. This decision is based on various factors and could provide a huge.


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