gregory r.
Dryer sheet aficionado
- Joined
- Jun 25, 2014
- Messages
- 41
Quick question; I had an older 401k that was converted to an IRA & rolled into my Vanguard accounts. These are all pretax dollars.
Can I still contribute to this same converted IRA using after tax funds?
I assume i would just need to track the cost basis of the non-deductible contributions? (we are over the earnings limit for tax deductible cont)
Any downside to this method aside from the self tracking of after tax contributions?
Thanks to all the providers of FIRE wisdom on this site....
Can I still contribute to this same converted IRA using after tax funds?
I assume i would just need to track the cost basis of the non-deductible contributions? (we are over the earnings limit for tax deductible cont)
Any downside to this method aside from the self tracking of after tax contributions?
Thanks to all the providers of FIRE wisdom on this site....