3 ms·
> eh, it conveys all the advantages of a roth IRA it does not. https://www.physicianonfire.com/value-of-backdoor-roth/ https://www.physicianonfire.com/value-o
by techslave 7y ago
> eh, it conveys all the advantages of a roth IRA
it does not.
https://www.physicianonfire.com/value-of-backdoor-roth/ https://www.physicianonfire.com/value-of-backdoor-roth/
> believe possibly) stronger bankruptcy protections
true, but at the significant cost of losing the ability to do tax loss harvesting on the (presumably) large amount you are investing through the back door. plus the withdrawals are taxed (regular Roth are bit but backdoor is).
- lsc 7y agoso I think what I'm describing here is different from the link - my employer deducts post-tax money from my paycheck into the 401k, then rolls that over into something that will roll over into a roth IRA when I leave the company. As far as I can tell, that's what OP was speaking of (See the "Daily roth in-plan conversion" portion of the paycheck deduction screenshot.)