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Backdoor Roth IRA Contribution Concerns

Wednesday, February 1, 2012 - 7:43 AM
This is one of the problems with our tax code. Opinions about what's allowed can change. Recent tax changes allowed those over the income limits to contribute to a Roth IRA through a backdoor method. In this approach, you can make a non-deductible contribution to a traditional and then immediately convert it into their Roth. This Five Cent Nickel post has a good review of current discussion of the possibility that these contributions could be disallowed.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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