[quote=jeff303]Bogleheads has some good info as well: http://www.bogleheads.org/wiki/Backdoor_Roth_IRA%5B/quote%5D

Thanks…It’s pretty retarded rule I think…

If I have roll all my IRA into a 401k, and then contribute $5000 to a non-deductible IRA, then I can roll it over into a Roth without tax consequences.

But… If I have any rollover IRA’s, then I need to pay taxes on all my IRA even if I rollover $5000?

That sucks… I don’t like my 401k plan so I don’t want to roll everything over..

Oh well. at least my employer has a roth 401k….