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URL:  http://boards.fool.com/does-it-make-anything-extra-complicated-with-30519745.aspx

Subject:  Re: Backdoor Roth IRA - Anything need to know? Date:  2/1/2013  1:42 PM
Author:  PSUEngineer Number:  71324 of 76082

Does it make anything extra complicated with taxes or anything?

As for taxes, I think you understand what is required.

As for as the mechanics of the process, you'll need to check with your broker to see if there are any fees to open a traditional IRA or fees for converting to a Roth. Also you will either be closing the traditional IRA after conversion or leaving it empty until you repeat the process the next tax year. You may want to inquire if there are any fees for closing the account or zero funds in the account.

PSU
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