A Trad'l IRA may complicate your ability to fund a backdoor Roth later on.
Check the expense ratios and keep it if old one is lower or move if new one is lower.
How big of a pain is this? I have two separate 401ks that I'd like to just roll to vanguard, but didn't know how big of a pain the record keeping would be and how big the tax implications would be.
So if I roll $170k out of 401k's and into a traditional IRA, then when I do my next backdoor roth, only 3.13% will be deemed to have come from the recent ira contribution, and I'll pay taxes on the other 96.87%. But then the next year a small portion of the roll over will come from the previous year's IRA contribution, correct? And a small portion of that will presumably be gains that needs to be taxed and the rest untaxed because it was a non-deductible contribution? Is it an incredible pain in the ass to track? Or will Vanguard do it for you?
If they'll track it, it just depends on how I feel about paying for a 22% tax rate now on the taxable portion to move it to a roth. I think I'd be ok with that as I'm probably going to have pension and traditional 401k distributions to put me into the 22% tax rate in retirement, but the record keeping is scaring me off from it.