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⚠ Pre & post tax IRA contributions tax warning.| FinTips 🤑

⚠ Pre & post tax IRA contributions tax warning.| FinTips 🤑

Do you have some pre-tax and post-tax contributions in your traditional IRA. For one reason or another, you may find that you have a mix in your IRA and want to convert just the non-deductible portion to your Roth IRA. Today we give you the exact way to go about this so you understand what the IRS will be looking for tax-wise.

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IRA Deduction Tips: Trust your gut when you invest. Models used for determining a company's value only work as well as the future assumptions put into them. If your model's output is not making sense, try double-checking the calculations and projections. Go with what you know and only use items like DCF valuation as guides.

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Written by Bobby

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