Does it make sense to pay taxes on money from a rollover ira to a roth IRA? Does it make sense to rollover the amount to the top of the 25% tax bracket? I'm not sure it makes sense at the next 28% bracket.
Also if we roll over all his old 401k $300k and only roll a portion into a Roth IRA but leave the rest, we can no longer do the Backdoor Roth IRA contributions correct? We'll have the Non-Deductible account but the $5500 we roll over into the Roth IRA every year won't be 100% taxed because we have a non-taxed Rollover IRA.
