... this is the question!
I have majority of my tax deferred funds in Vanguard IRAs (~650K).
I would like to take advantage of possibility to save into after-tax IRA with immediate convert to roth-IRA.
My understating is that in my situation I will be liable for pro-rate tax from my total IRA accounts amount.
If I had tax deferred funds in 401-K type accounts instead I would not have this limitation.
Now, Vanguard has 401K-i accounts, but they do not allow roll-over to them from IRAs (why, who knows?!
An options I have is to open 410K-i accounts at Fidelity and then roll-over all tax deferred funds from IRAs to Fidelity (unlike Vanguard, Fidelity allows incoming roll-overs from IRAs
I am looking for someone who has gone this route and and any feedback/suggestions on the subject.