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@macuser_22 @kberry7211 

Tax deadline (normally is April 15) is different from withdrawing the over contributed 401k (March 1st).  I checked a few times last year 2021 since I had the same situation (2 jobs, over contribution in 2020).  The 1st person I got from Fidelity told me to do it by tax deadline.  When I did it before the tax deadline but after March 1st, another 2 people in Fidelity told me that I missed the deadline.

 

Fidelity kept telling me different things, so I am bounced in between my 2020 employer and Fidelity.  Fidelity told me that only employer can take out my overcontributed money, but then my employer told me only Fidelity can do so.  So now in 2022 after 2021 tax deadline, I still couldn't do anything nor know what to do.

 

What would be happened if I don't withdraw the over contributions?