financialRoth Conversion
#RI-69f84671·5 months ago·
1
“Considering megaback door Roth conversion”
What Actually Happened
I'm questioning the logic of moving post-tax money from a traditional IRA to a Roth IRA
What I wish I knew
"More about the tax implications of megaback door Roth conversions"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider the tax benefits and drawbacks before making a decision"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
financial Category
1,621
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
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