718.90 – $32,819.44 = 27899.46 rolled over to traditional IRA. It seems this roll over contains 401k contribution in 2021 also. So this 60,718.90 doens’t make much sense. thanks i will check
If your transfer from the traditional IRA to the 401k completes soon enough, there’s no penalty for doing a backdoor Roth even though it turns out later that you qualify for a direct contribution. If there’s a long delay and your contribution earns a meaningful amount, you may be better...
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