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Retirement tax questions
Please note, if you do have an excess contribution for 2024 and are in the phaseout range then the earnings from the withdrawal of excess contributions plus earnings will increase your MAGI. Therefore, you might have to withdraw a bit extra to avoid creating a new excess contribution when you add the earnings to your 2024 return.
Please see What if I made an excess Roth IRA contribution for additional information.
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March 30, 2025
9:39 AM