Is there any purpose why somebody cannot do a backdoor Roth IRA if they’re underneath the restrict and eligible to simply make a straight contribution to a roth?
Not positive if I will likely be eligible to to place cash right into a Roth however presumably may. So I wished to simply backdoor the cash. My accountant yelled at me saying we must always wait to see the place my earnings falls.
But what does it matter is there any purpose why you would not need to do a again door contribution if you’re eligible to simply make a straight contribution?
Any ideas on this is able to be appreciated. Thanks a lot.