Info on backdoor Roth IRA conversion. Last rear I opened up a Roth IRA but had to convert it to traditional due to exceeding the MAGI limit. For this year, do I just contribute 6K (max?) to the traditional account and then convert same amount to Roth? Is it that simple? Do I need to do anything with the current balance in the traditional from last year?

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Yes it’s that simple. Call the brokerage and they’ll walk you through it.

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google is your friend.

If I don’t have the 6k lump sum and plan to DCA, can I contribute each paycheck to the Trad and then immediately covert to Roth? Or does it have to be lump sum?

I missed the "immediately convert" in the comment. Yes that's an option.

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