Thanks for your reply. No I want to check if I can invest in transitional Ira for year 2024.
Based on my understanding, the Traditional IRA contribution limit for 2024 is $7,000. I want to ensure there are no pro-rata rules or other restrictions that could prevent me from contributing or complicate my taxes, especially since I have a Rollover IRA with pre-tax funds from a previous employer and a current 401(k) with both pre-tax and post-tax contributions within the yearly limit.
