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Are there any changes in the rules for backdoor Roth for 2013 or is it same as in 2012. I understand that the limit has been increased to $5500 (age below 50 yrs)
As of 12-31-12 we have a $0 balance in traditional IRA's (all converted to Roth and necessary taxes paid). The vanguard account does show that we both have the TIRA accounts with a zero balance.
I am hoping to put 5500 x 2 in TIRA on Jan 2 and convert it to Roth on Jan 3. Thanks.
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I found it by going to google and:
backdoor roth 2013 site:bogleheads.org
It appears nothing has changed, but I think I might wait a few days to see what unfolds with any potential new legislation.
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