Is the mega backdoor Roth ira contribution deadline the same deadline as the normal Roth ira (ie April)?

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chipsahoe

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chipsahoe
2d 4 Comments

Just wondering if I’ll be able to contribute to my 2022 Roth ira in early 2023 via the mega backdoor since the 401k contribution deadline is EOY rather than the tax filing deadline

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  • Comcast
    firedawg

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    firedawg
    General rule is you can invest in previous years IRA up until tax day (mid-large April).

    However, please invest in IRA for this year. Virtually no tax benefit, will have to use previous years income to fund previous years IRA (will need proof) and will miss out on a year of investing.
    2d 0
  • Meta
    public2

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    public2
    The normal backdoor deadline is dec 31st
    2d 2