My wife was working on doing a backdoor Roth IRA conversion and put $7k into her traditional IRA (late December) but did not convert it before the end of the year so that the balance in her traditional was $0 by EOY 2024, which I understood to be a requirement. What should our next steps be? Can she still convert currently for 2024? Does it need to be withdrawn?
Statistics: Posted by Biotech3 — Wed Jan 01, 2025 1:25 pm — Replies 3 — Views 57