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debbiewith2 t1_j2elll3 wrote

Reply to comment by DeluxeXL in Backdoor Roth IRA Question by HFrEF

I believe the confusion is that their terms and conditions say you can’t get the bonus if you’ve already maxed your contribution, but it never actually counts as a contribution.

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DeluxeXL t1_j2emaer wrote

Looks like Bogleheads confirmed that the bonus from Fidelity is not considered an IRA contribution.

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Legal-Mammoth-8601 t1_j2fcp2m wrote

Makes sense. I don't think it would be considered earned income so it wouldn't be allowed as an IRA contribution.

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