<prompt> Human: I am looking for some guidance about Backdoor Roth IRA contributions. I am starting a new job with a new company and will be receving a SIGNIFICANT pay increase. Due to this pay increase, I will be earning more than the Roth IRA contribution limits.Are there any restrictions or Drawbacks on Backdoor Roth IRA contributions that dont apply to normal Roth IRA contributions?  <response>: The only downside is if you already have deductible traditional IRA money. If you do, you are subject to the pro-rate rule when you convert to a Roth IRA as part of your backdoor.You can bypass this if your company allows you to roll-in tIRA money into your 401k. Then your IRA can be solely for non-deductible contributions that you roll into Roth 