For the last couple of years or so, I have been following what is sometimes called the backdoor Roth IRA. I have been contributing to a non-deductible IRA and then converting a few days later to a Roth. I've been filing form 8606 with my taxes. Since all my retirement funds are in 401(k)'s, this has been a non-taxable event.
I just wanted to do a sanity check since I'm about to do the same thing this year. About the only change I notice is that I can now contribute $5500 vs $5000 in previous years.
Has anything changed in the last year that would prevent me from doing this, or make it not advisable to do so?
Thanks.