- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Oh no! Over-contribution in Roth IRA.
Hi All,
For background, I have an individual and Roth IRA account with TD Ameritrade.
For 2020, I contributed $12k as opposed to the $6k annual limit to my Roth IRA. Unfortunately, I used up 100% of those funds to buy stocks.
What ways/methods do I have to minimize/avoid the penalty?
Thanks in advance
‎February 15, 2021
8:00 PM