Comments on: How To Do A Backdoor Roth IRA (And Pitfalls To Avoid) https://thecollegeinvestor.com/38006/how-to-do-a-backdoor-roth-ira/ Navigating Money And Education Fri, 16 Feb 2024 04:48:58 +0000 hourly 1 By: Robert Farrington https://thecollegeinvestor.com/38006/how-to-do-a-backdoor-roth-ira/#comment-479367 Fri, 16 Feb 2024 04:48:58 +0000 https://thecollegeinvestor.com/?p=38006#comment-479367 In reply to Luis.

Assuming the 457 plan provider allows it, the IRS does allow that. See this IRA rollover chart.

]]> By: Luis https://thecollegeinvestor.com/38006/how-to-do-a-backdoor-roth-ira/#comment-479361 Thu, 15 Feb 2024 20:35:02 +0000 https://thecollegeinvestor.com/?p=38006#comment-479361 Fantastic. Can I roll SIMPLE IRA funds over to a previous employer’s 457b plan that I still have open, if I do not have an old 401k? Is this a rollover strategy to execute each year if I plan to execute a backdoor Roth IRA contribution each year?

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