Backdoor Roth IRA

Feb 5, 2021 5 Comments

I opened a new Traditional IRA and put down the full $6k, so I could do a backdoor Roth IRA on Vanguard. But because I didn’t convert to Roth IRA fast enough, the $6k had actually made some gains around $71. Should I still convert the full amount to Roth IRA? I know pro rata rule comes in, but the $71 is the only pre-tax money in the Traditional IRA. Should I still be concerned?
#personalfinance #investments

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