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tratratrakx OP t1_ja7wuf9 wrote

Reply to comment by aeplus in Alternatives to Roth IRA? (Based in USA) by tratratrakx

Do you know if that pro rule applies if I roll my entire traditional ira into my 401(k)? I believe it’s possible, but does it open up any more options?

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DeluxeXL t1_ja7yzue wrote

The act of rolling over from IRA to 401k is not subject to pro rata rule. However, do not roll over after-tax balance from IRA to 401k.

If all of your traditional IRAs are 100% pretax now, you can roll all of them over to 401k. Then you can do a clean backdoor Roth.

On the other hand, if you already made, for example, a $6k nondeductible contribution, roll over all but the $6k to 401k. (Sell all investments first so the account value stops fluctuating.)

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tratratrakx OP t1_ja8009s wrote

Got it, thank you! This seems like a good option.

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aeplus t1_ja8qzxz wrote

I hope you have better luck at this than me. My current employer's plan does not allow "reverse rollovers."

I am actually thinking about finding a federal government job just because I know for certain that the TSP allows reverse rollovers.

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