Pro-Rata Rule
Gold IRA Glossary
The IRS rule that treats all of your traditional, SEP, and SIMPLE IRAs as one pool when calculating the taxable portion of a Roth conversion. If your IRAs hold both pre-tax and after-tax money, each converted dollar carries a proportional share of both. The rule matters for backdoor Roth strategies and for converting a Gold IRA that includes nondeductible contributions.
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