Previous Employer’s 401k rollover to New Employer’s 403b impact on backdoor Roth IRA, my traditional IRAs cost basis is 0
I have already done my backdoor conversion for the year in March 2026. I rolled over my previous employers 401k into the current employers 403b and since both employer retirement accounts are at fidelity I never received the check. My traditional ira accounts are all 0 in value and will remain so. I don’t believe pro rata should apply but I thought I’ll check with the think tank. Maybe I should have just left this alone but I did it and now realizing what I’ve done.
u/DesertAntarctica — 6 days ago