$7300 is for the 2022 tax year. $7200 was the max for 2021
two options
1) if we're talking 2022 contribution, leave the excess in and pay a 6% penalty. then for 2023 reduce your contribution by the 2022 excess. Warning many taxpayers mess this up and over contribute resulting in more penalties.
2) on or before 4/15/2023 withdraw the excess and any earnings thereon. contact the trustee to do this because they need to compute the income. the income is taxable. for 2022
