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401K -> Traditional IRA -> ROTH IRA
How do these transfers work, & when do I pay taxes?
Most importantly, is this what is commonly referred to as a "Backdoor Roth IRA"?
Starting next year I am likely to slip into a limited Roth IRA Contribution limit due to salary increase.
How can I use 401K or Traditional IRA to still make contributions to my existing ROTH IRA?
‎October 25, 2023
1:32 PM