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traditional IRA

Watch Out For The Pro Rata Rule

If you’re considering a backdoor Roth IRA contribution, you have to watch out for the pro rata rule. Otherwise, you can end up with a tax mess on your hands. Most people make only tax-deductible contributions to their traditional IRA...

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March 28, 2022 by Paul Investing Retirement Taxes 0

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401(k) 401k asset allocation backdoor Roth backdoor Roth IRA brokerage window capital gains capital losses income taxes IRA long-term gains pro rata rule Roth 401(k) Roth IRA SDBA self-directed brokerage account short-term gains tax loss harvesting traditional IRA wash sales

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