In 2025, I can contribute $9,550 (bc over 55 yrs old). So I should reduce this amount $2,500 and contribute only $7,050, correct?
Back to your original response. If I take the $2,500 withdrawal AND I did have medical expenses that I paid out of pocket totaling over $2,500, can I rectify the $2,500 excess in 2023 to use it towards medical costs from 2024?
