Welcome to the Jill on Money Podcast. It is Friday the 13th of November. I always like the

number 13 so I don't know I just think that it has a bad rap really like so many numbers in general. I'm into it. I like the 13th. Welcome to Friday. I know it's been a week. It's been a week. If you have a financial question

we'd love to hear from you. Our email address is Ask Jill at Jill on Money.com.

Ask Jill at Jill on Money.com. Ask Jill at Jill on Money.

And don't forget to tell us if you want to come on the air.

Mark will get you there.

It's so easy, according to him.

Okay, here is a question from A Day who says does it

make sense to have multiple taxable accounts I started one at Fidelity before I knew what kind of funds I wanted to invest in.

There's not much money in it, maybe a few thousand dollars.

I wanted to start a taxable account at Vanguard to get access to some of their index funds. Is it silly to have multiple taxable

accounts, my 401k is with fidelity? The answer is, it's not that it's silly, it's not it's not a problem, it's just that it's silly it's not it's not a problem it's just that it's harder to manage

so my recommendation is to figure out which one of these places you want to have your

taxable account it doesn't have to be where your

401k is, but you know the reality is there are index funds at Fidelity, there are

index funds at Vanguard, whichever you like better, just choose that for your taxable account, and I would

merge them if I were you.

Now, the second question, do you recommend any waiting period between opening a traditional

IRA and converting it to a Roth IRA as part of the backdoor Roth.

No, I don't. I do it almost simultaneously. I mean, when I did it, I did a backdoor Roth and I think I did it almost immediately what about you

Mark are you doing backdoor Roth's yeah you don't as Mark points out wisely I might

add that you do it right away because you don't want to take any games so get on it all right okay right?

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