Ok so, I’ve decided to look into funding a Roth IRA.
I do not qualify for normal contributions into a Roth because of my income.
I’ve opened a traditional IRA, and have been funding it with after tax dollars.
I’m wondering what my next steps should be to not screw myself with taxes.
Do I open a Roth IRA with after tax dollars now, then roll into it later?
Do I open a Roth IRA using only the money rolled from the Traditional?
What is the best way to proceed?