Retirement tax questions

Thanks a lot MinhT1! Your guidance has been extremely helpful!

 

One more small question on this topic

 

I placed a request through Fidelity for return of contribution + interest in 2024 on Friday evening. Order confirmation email had below:

 

  • Your excess contribution amount was $7000
  • Your total applicable earnings or loss for the computation period was $801.85
  • The total amount to be returned to you is $7801.85

 

I believe that it is expected to execute today after market closes and I guess the amount would be lower than the gains I had received in 2024 due to the market today. Please confirm if I have to sell more from my Roth IRA to make the returned amount to be $7801.85 or is it ok even if it sells for less or even loss now? Should I do anything further regarding this lower amount? Thank you.