Row 78130

Row ID: 78130 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 78130 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

You cannot put pre-tax dollars into a Roth. A backdoor Roth involves putting money into a traditional IRA, and then converting that into a Roth IRA. If the traditional IRA was funded with money that you claimed a tax deduction upon, then you will be responsible for paying taxes on it when it gets converted into a Roth IRA. Distributions from a Roth IRA are not taxed, provided the guidelines for a Roth are followed. [https://www.investopedia.com/roth-ira-withdrawal-rules-4769951](https://www.investopedia.com/roth-ira-withdrawal-rules-4769951)

FieldValue
text You cannot put pre-tax dollars into a Roth. A backdoor Roth involves putting money into a traditional IRA, and then converting that into a Roth IRA. If the traditional IRA was funded with money that you claimed a tax deduction upon, then you will be responsible for paying taxes on it when it gets converted into a Roth IRA. Distributions from a Roth IRA are not taxed, provided the guidelines for a Roth are followed. [https://www.investopedia.com/roth-ira-withdrawal-rules-4769951](https://www.…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1qQUFieHpsZk1OS1BQWVNpUDVyUzFidS1hMzFackVOemRycDBjX1loZTZNaWZDWmtzTjJpNFVYTWVkcE9YQWc2RUstQURBcEhxR2hVLVRBMTRZNUJpMnc9PQ==
url_encoded Z0FBQUFBQm5Lak8wT3hpS3RxZDVmSkZnZ0dadVpOWTVmSkdORVUxTTlxMTZ2ZlJEVEtWRDRraEQ5bW5GTFZyTU42dEFZM21MZXBmVEI3c1FyNEVpX2NOWUpGRUdqRHo4OTRVU0xsbTcyTFhHZUt6azVqTlVGQURhY2RCaEtJM0NqMEJXeGFyVDV3NDVTeTFYMUFQQzAwcHQ0dnBramIwemdJdm9iUnFWNUVLa183YlA0T00tZG9rbnlONnNOZklhNHBrcm5OTnR5Y2RvOWRWZy1jUTZWNEd5XzdESkFVNmZ3Zz09

Raw Record

{
  "text": "You cannot put pre-tax dollars into a Roth.  A backdoor Roth involves putting money into a traditional IRA, and then converting that into a Roth IRA.  If the traditional IRA was funded with money that you claimed a tax deduction upon, then you will be responsible for paying taxes on it when it gets converted into a Roth IRA.  Distributions from a Roth IRA are not taxed, provided the guidelines for a Roth are followed.  [https://www.investopedia.com/roth-ira-withdrawal-rules-4769951](https://www.investopedia.com/roth-ira-withdrawal-rules-4769951)",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1qQUFieHpsZk1OS1BQWVNpUDVyUzFidS1hMzFackVOemRycDBjX1loZTZNaWZDWmtzTjJpNFVYTWVkcE9YQWc2RUstQURBcEhxR2hVLVRBMTRZNUJpMnc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak8wT3hpS3RxZDVmSkZnZ0dadVpOWTVmSkdORVUxTTlxMTZ2ZlJEVEtWRDRraEQ5bW5GTFZyTU42dEFZM21MZXBmVEI3c1FyNEVpX2NOWUpGRUdqRHo4OTRVU0xsbTcyTFhHZUt6azVqTlVGQURhY2RCaEtJM0NqMEJXeGFyVDV3NDVTeTFYMUFQQzAwcHQ0dnBramIwemdJdm9iUnFWNUVLa183YlA0T00tZG9rbnlONnNOZklhNHBrcm5OTnR5Y2RvOWRWZy1jUTZWNEd5XzdESkFVNmZ3Zz09"
}

Entry Information