I changed job in 2022 and found out I contributed too much in my combined 401K.
I first contacted my previous employer and was told I should contact my current employer. I then contacted my current employer and current 401K company to request excess refund. Now I'm shocked to receive two sets of excess 401K refund. One is from previous 401K company and another from current 401k company. The previous 401K company told me that my previous employer requested it but the amount is not the correct excess amount and I had no idea where they got that.
Should I ask the previous 401K company to void the refund since I didn't request it? If not, will that cause issues with IRS because I got two sets of excess refund? On the other hand, both excess refund had hundreds of dollars loss due to recent down market. What should I do?
