thanks that make sense - much appreciated
so quick follow up just to clarify - if I don't make any more non deductible contributions in the future, the IRS will still know my reported basis from 8606 forms submitted in the past, right? (in other words, i dont need to keep resubmitting the form to remind them of my basis each year) So in theory if I never made another non deductible contribution, the next time I would ever have to use that form would be when i start taking distributions in retirement, right ?
thank you again for your help !
