I believe he was referring to the fact they both have trad IRAs so there would be pro rata issues with doing a backdoor Roth.The backdoor Roth is always equal or better to taxable. Remember the 32% comes off the top whether OP does the backdoor or not, so might as well put it in Roth and avoid future tax drag.In the 32% bracket, those backdoor roths are pretty expensive; it's a lot of ground to make up. Might run the numbers for investing in a regular taxable account and pay cap gains eventually (or not, if passed to heirs) ?
Statistics: Posted by snowday2022 — Mon Dec 16, 2024 11:26 am