Thank you very much for the explanation. If I understand correctly I'm stuck with traditional IRA mixed pre-tax and after-tax until I retire which might be for years since I'm 52 so will need to keep all the 8606 forms until I start to make withdrawals.
When I get a new job I can open a new 401K and make the max contribution at that time would I be able to open a individual Roth IRA to make after-tax contributions instead of making contributions to the existing traditional IRA (leave the traditional IRA as is by letting the investment run itself?) or that's not an options as I might end up with 3 retirement accounts (401k, traditional IRA, Roth IRA) just Thinking out loud not like I have extra money to contribute to ha ha.. thought please...
