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Author Topic: Backdoor Roth - close Traditional IRA or leave with $0?  (Read 672 times)

LivingTheDream34

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Backdoor Roth - close Traditional IRA or leave with $0?
« on: March 18, 2019, 08:56:24 PM »
Hello,

Do you have to close your Traditional IRA after you transfer it to a Roth IRA with a Backdoor Roth?  Or can I just leave it open with $0 left in it, so I can repeat it next year?

Thanks!
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MDM

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Re: Backdoor Roth - close Traditional IRA or leave with $0?
« Reply #1 on: March 18, 2019, 09:27:56 PM »
Leave and repeat.
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