How to do a Roth conversion (aka a "backdoor Roth") with Alto

A step-by-step guide on converting a traditional IRA to a Roth IRA

How to do a Roth conversion with Alto

Once you have both a traditional IRA and a Roth IRA open, you can follow the steps below to submit your request

Step-by-step how-to

Interested in converting your traditional IRA to a Roth IRA? Simply follow these steps:

  • Create your traditional IRA.
    Note: Make sure this is created as an Alto IRA, even if you want to invest in crypto with the converted/backdoor Roth.
    • When you get to the "Start the Transfer" page, be sure to select “Make a cash contribution from a bank account.”
    • You'll be prompted to add a credit card, but no worries—simply skip this step.
    • Create a Roth IRA with Alto here.
    • Pick the account type based on what you'd like to invest in—whether it's an Alto IRA or CryptoIRA.
    • When you get to the "Start the Transfer" page, simply stop the account setup process and continue onto the next step below.
    • Log back in to your traditional IRA and select Transfer Funds from the top of your dashboard
    • Select  Roth Conversion from the drop-down menu
    • Select Review & Sign

    • Please complete the required fields on the form including tax withholding to submit your request.

    • Once the document has been signed and submitted, the funds should be transferred within 1-2 business days.

    Note: Once you have both of the IRAs created and have requested a cash contribution for the traditional IRA, it can take up to 10 business days to complete the full conversion.

    If you have any questions, please reach out to us: