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Overcontributed to Solo Roth 401k 2022, account value down 33%
So before I contact the administrator of the account I just am curious about how this works if I contributed $19,500 to my solo roth 401k and I need to remove it all because my modified adjusted gross income after doing taxes is close to zero.
The roth solo 401k account value has considerably less than $19,500 in it, lets say $13,000.
How do I remove the full $19,500 over contribution?
Thanks so much for any help
Topics:
‎April 11, 2023
10:31 AM