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For taking advantage of backdoor roth ira, do we have to open roth account every year? Same roth account can't be used?
In 2016 , i tried backdoor roth ira. so opened ira and then coverted to roth.
Now for 2017, i was told by broker that to take advantage of backdoor u can't use same roth ira account u have opened in 2016. You have to open new roth account for 2017.
How true is that? how does this work?
‎June 3, 2019
1:34 PM