Related Posts
More Posts
Aldi at Digitas? 👀
What happens at RIMS? Is it worth going to?
Additional Posts in Personal Investment Chatter
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.






Chief
That’s why it’s called “back door.” It’s a legal loophole inserted to benefit a certain demographic / “special interest.”
There used to be a hard limit with no backdoor. I believe the backdoor opened in 2010. They have tried to get rid of backdoor several times, most recently with BBB. I think it is a glitch that no one thought about in 2010 and is seen by many as a benefit to only the rich, depending on your definition of rich.
That's why it's called backdoor. It's a loophole that could be closed in the future.
Rising Star
You do get dinged if you have other traditional IRA balances which I would think a good majority do.