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Does anyone use a so-called “back door IRA”? What are the benefits/how does it work? I don’t know much about it but have seen it mentioned here and there

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You should just google it.

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Yes. Contribute to a traditional IRA. Wait a day. Convert the cash to a Roth IRA. Then invest. IRS doesn't allow direct contributions to a Roth IRA if you make too much, but there are no such rules regarding contributions to a traditional IRA and conversions, so it's a work around to get income into a Roth IRA. Note you'll have to pay tax on this, so either adjust your W-4 or be ready on tax day.

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Is it complicated to deal with the tax implications later? ie if I contribute on Betterment/Wealthdron with post-tax dollars, I’d there much to iron out later on Tax Day? I’ve held off doing this bc I’ve had to many other complicating tax factors (moving states etc) that it didn’t seem worth the overcomplication, but this may be the year I start.

YouTube it. There are good videos. And yes I do it

That’s super helpful, thank you!

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