Hi all,
I am in the process of moving my IRA into my 401k so I can do a backdoor Roth. I have a few questions.
When I move the account of my broker, does the account still exist with 0 balance?
If so, do I contribute to that account or start a new IRA in order to do the backdoor Roth?
How long do I have to wait before I can contribute to the IRA?
I am in the process of moving my IRA into my 401k so I can do a backdoor Roth. I have a few questions.
When I move the account of my broker, does the account still exist with 0 balance?
If so, do I contribute to that account or start a new IRA in order to do the backdoor Roth?
How long do I have to wait before I can contribute to the IRA?
Statistics: Posted by BogleAlltheWay — Fri Dec 20, 2024 8:12 am — Replies 5 — Views 128