#pro-rata-rule

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Retirement
from24/7 Wall St.
16 hours ago

The Backdoor Roth IRA Move High Earners Use to Get $7,500 of Tax-Free Money Past the Income Cap

Roth IRA income limits block direct contributions, but non-deductible traditional contributions followed by conversions can route after-tax money into Roth status, subject to pro-rata taxation rules.
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