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After-tax 401k to Roth IRA conversion
Hi,
My employer recently started offering after-tax 401k contributions with in-plan conversion to ROTH IRA (a.k.a mega backdoor IRA contributions). I currently have a pre-tax rollover IRA account.
The question I have would the after-tax 401k in-plan conversion to Roth IRA result in pro-rata taxes because of my existing pre-tax IRA account?
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‎September 27, 2020
3:03 PM