Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How exactly do you make back door Roth contributions?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]I think the key on back door roth ira is that you need to start when you are young, so that you haven't accumulated a traditional ira. That clearly doesn't work for older folks who were working before the advent of the roth ira, but it does work for people who are starting work now. I'm somewhere in between on the timescale and I had about $20K in a traditional IRA when I learned about the backdoor roth ira. I made a point to convert to a roth ira when I was in grad school and so had no meaningful income. The taxes, while small in retrospect, felt painful while a penniless grad school, but it's worked out nicely.[/quote] Exactly this.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
