3696574
Hi,
I have some pretax dollars in ROLLOVER IRA (that are invested in ETFs)
But I would also like to maximize my backdoor Roth option. To do this, I have post tax dollars deposited in my 401k that are then converted to Roth dollars by doing an in plan conversion.
Then I get this amount converted to a Roth IRA (where I again invest it in ETFs)
In this case will the amount that I am converting to ROTH IRA be subjected to the PRO RATA rule since I have pre tax roll over IRA dollars ?
Fidelity advisers are unsure since I am doing an in plan Roth conversion
You'll need to sign in or create an account to connect with an expert.
The pro rata rule comes into play when you have existing pre-tax money in other traditional IRAs.
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