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Investing: Difference between revisions
→Backdoor Roth IRA
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===Backdoor Roth IRA=== | ===Backdoor Roth IRA=== | ||
Basically, contribute $6k to a traditional IRA and convert it to a Roth IRA. | Basically, contribute $6k to a traditional IRA and convert it to a Roth IRA. | ||
;Notes | |||
* To avoid tax complications, you should eliminate all other pre-tax IRAs beforehand by rolling them over to a 401k | |||
===Mega Backdoor Roth IRA=== | ===Mega Backdoor Roth IRA=== | ||