351044
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?
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That is BS ... you can use the one ROTH account for everything. Either he is misinformed or he is looking for a bonus for opening a new account.
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