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Personal Finance (Not Investing) • Multiple Roth IRA accounts - Do I need them all

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I was just hoping few people can chime in about my situation here.

I have a Roth IRA account that I use for contributions to Roth IRA or backdoor to Roth IRA from traditional in the years I cant do Roth contributions directly.

Then I have a separate Roth IRA account where I moved funds from old employer Roth 401K

Finally another Roth IRA for megaback door roth conversion from current employer after tax contributions.

Do I need all these separate Roth IRAs at Fidelity or all of these can sit in one Roth IRA.

Its same for my wife - so its just getting to be too many separate accounts.

Thank you for any input on this.

Statistics: Posted by vm81 — Mon Feb 05, 2024 8:11 pm — Replies 2 — Views 298



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