@LLC3 wrote:
Thank you so much for your detailed explanation!
One more question: As long as I rollover the IRA that contains the old 401(k) into my new 403B before the end of 2023, it doesn't matter when I do an IRA to Roth conversion of the non-deductible IRA funds in 2023. Correct?
Yes, if I understand your question correctly. You want to get to a situation where (considering all your IRA accounts as if they were one account) all the funds are non-deductible. (In your case, by moving the deductible funds back to the 403B.) Once you have a situation where all the funds in your traditional IRAs are non-deductible, you can do a successful back door Roth conversion and it doesn't matter when you do it.
