Can you share a little more about why you have post-tax funded Traditional IRA accounts that are not intended to be converted into a Roth?
I am not certian on the treatment (more specifically on how the gains from the post tax contributions might be subject to the pro-rata rule. The underlying contributions are likley not an issue.) This is outside my level of familiarity at the moment.
Ahh, that is just a normal Traditional IRA contribution (since you received the deduction). Those funds are essentially Pre-Tax now. So that would be subject to the pro-rata rule.
What about post-tax funded Traditional IRA accounts? Are those subject to the pro-rata rule as well?
Can you share a little more about why you have post-tax funded Traditional IRA accounts that are not intended to be converted into a Roth?
I am not certian on the treatment (more specifically on how the gains from the post tax contributions might be subject to the pro-rata rule. The underlying contributions are likley not an issue.) This is outside my level of familiarity at the moment.
It was done at a time I was not fully familiar with back door Roth IRA’s and I was able to get the tax deduction due to my income level at the time.
Ahh, that is just a normal Traditional IRA contribution (since you received the deduction). Those funds are essentially Pre-Tax now. So that would be subject to the pro-rata rule.