Do not move the 403b until January as it will impact the Backdoor Roth with the pro rata rule this year.
You might also considering converting the 403b rolllover to Roth next year just in case you find yourself in the future needing to perform Backdoor Roths again. The taxation on the $14k conversion won’t likely cause a burden to your finances.
Cheers
You might also considering converting the 403b rolllover to Roth next year just in case you find yourself in the future needing to perform Backdoor Roths again. The taxation on the $14k conversion won’t likely cause a burden to your finances.
Cheers
Statistics: Posted by Silk McCue — Mon Sep 16, 2024 7:10 pm — Replies 1 — Views 41
