Fidelity Backdoor Roth Steps 2025. Setting up a backdoor roth ira involves a few key steps, including funding a traditional ira, ensuring there are no existing untaxed iras, and completing the conversion process by. Leave my account open, i may fund in the future.
It’s important to remember that two steps are involved in a backdoor roth conversion. In terms of doing this for next year, the steps would be to (a) deposit cash into individual fidelity brokerage account (b) transfer settled cash into tira and (c) immediately transfer that into roth.
