Yes, you withdrew the excess contribution in time therefore you do not have to pay the 6% excess contribution penalty. I was just explaining what would happen if you didn't withdraw the excess contribution since you seemed upset about the 10% early withdrawal penalty.
It is either withdraw the excess contribution and pay the 10% early withdrawal penalty on the earnings once (if you are under 59 1/2) or pay the 6% excess contribution penalty on the whole contribution for each year that the excess stays in an account. That is how the law is written.
For the future, for someone who has a lot of earnings, it might be beneficial to leave the contribution in until after the due date and then withdraw the excess between Oct 15 and Dec 31. Then they would pay the 6% for one year but then request a regular distribution (without earnings) because it was after the due date Because you don't withdraw the earnings there wouldn't be the 10% early withdrawal penalty.
@rothquestionagain
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