[quote=Coronita]
Why is it this complicated, I have no idea… But again, yes another first world problem.
Morale of the story. If you want to do a backdoor Roth IRA, don’t ever rollover a previous employer’s 401k account into a IRA… Either keep the 401k or roll it into your existing employer’s 401k plan.[/quote]
It is still possible. What you are referring to is called the pro-rata rule. It is not too bad if you ONLY put pre-tax money into IRAs. It gets messy when you have both pre-tax and after tax IRAs. — basically it is an attempt to screw those that put money into after tax IRAs… and prevent people from rolling the after tax contributions only into a Roth.
