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there is a $300 fee each year for the years excess contributions are left. what are my options? ive heard you can ask the brokerage to allocate excess contributions to a normal 401k
You can withdraw Roth contribution at any time without penalty. Itβs the earning that has to wait 5 years or until age 59.5.
Just withdraw without penalty
Lol. This
Cant you recharacterize to a traditional ira?
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You can withdraw Roth contribution at any time without penalty. Itβs the earning that has to wait 5 years or until age 59.5.