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Old 01-16-2020, 03:52 AM
  #22  
crewdawg
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Originally Posted by herewego View Post
Regional guy here lurking in the majors forum, so not rich but higher earner than the average American, with money in a traditional IRA that was both pretax and post tax contributions. Could you please explain the pro rata rule as I'm probably going to convert that Traditional to a Roth for the Backdoor.
kinda figure taxes for most of us will jump after Jan 2021 so I'd rather pay 24% now than 50% later.
I'd do a terrible job of trying to explain it. Just google IRA Pro-Rata rule...lots of great information out there about it.
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