My daughter is not covered by a qualified retirement plan (start up, limited benefits).
She'll contribute directly into her Roth and deduct that on her taxes. Can she also contribute to a non-deductible after-tax IRA then immediately convert it to a Roth like Mom and Dad do? The result would be $13k into her Roth for 2023.
She'll contribute directly into her Roth and deduct that on her taxes. Can she also contribute to a non-deductible after-tax IRA then immediately convert it to a Roth like Mom and Dad do? The result would be $13k into her Roth for 2023.
Statistics: Posted by toma nova — Tue Dec 26, 2023 10:09 am — Replies 5 — Views 224