Pro rata is a term used to describe a proportionate allocation. It's a method of assigning an amount to a fraction according ...

Q. Hi Dan. In your last column you wrote about “… a rather infamous provision dubbed the ‘pro-rata rule.’” One of my IRAs is non-deductible, so I need to know what that is and why it’s infamous. Can ...

It has been more than a decade since the income limits on IRA conversions were lifted, effectively putting Roth IRA investments within reach of higher-income individuals who had previously been shut ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. High earners who execute the backdoor Roth IRA correctly ...

As clients amass their retirement dollars over their working years, tax situations are likely to become more complicated over time. That’s especially true for clients who are fortunate enough to have ...

This triggers the pro-rata rule, which blindsides high earners. If an investor holds other traditional IRA assets alongside the backdoor Roth contribution, the pro-rata rule will tax a proportional ...