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 "Bill proposed to crack down on backdoor roth (and other loopholes) "
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]Immediate PP, I think the key point to make is that, if this passes: 1) Conversions of post-tax IRA contributions will be no longer allowed as of jan 1 2022. This is generally known as back door Roth. 2) Conversions of pre-tax IRA contributions will be allowed for the next 10 years (or whatever that specific much later date is), then be disallowed While Tradtional IRAs obviously can accept post-tax contributions in additional to pre-tax, this wasn't a popular thing to do unless the intent was to use the post tax for aa backdoor Roth. There may be benefits to contributing post-tax to a Trad Roth ira, but I'm not familiar with what they are and why people would do it.[/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
