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Where to Save for Early Retirement? - 408

Your Money, Your Wealth

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Are Roth IRA Conversions a Good Idea?

There is no AGI limitation to make Roth conversions, and the conversions that you make will not affect your Roth IRA contributions. You can either convert what you already have, or you can have your current dollars from your pay go into a Roth. The pro-rata rules are that even though it came from a traditional 401k plan, since it's in an IRA, they're still going to count that as the pro- rata rules.

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