I am trying to do a backdoor roth but have about 60k sitting in traditional IRAs. I also currently live in NYC, would it be best to rollover everything into 401k, then do backdoor?

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If your 401k allows it, I think that would allow you to avoid the pro rata rule where otherwise most of your attempted backdoor Roth IRA would be taxable. Remember to fill out the tax form 8606 too.

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Check with your 401k provider to make sure you can. That should allow you to avoid taxation on the conversion.

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That's not backdoor, that's just a conversion, which should, and would, be taxed.

You can control how much you convert, which controls the tax hit.

I read "what's the benefit of doing it that way" and my fingers went to work. 😂👍

It can be a good idea if you expect your taxes to be higher in the future. Normally you'd want to convert as much in a year without hitting the next bracket and do the rest the next year.

Once you've rolled over all the traditional IRA you could do the backdoor IRA
This is not a tax advice

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