maglib
Level 10

Retirement tax questions

Well the issue is the excess continues to earn income that is truly taxable to you...  it will be a mess and you have till 4/15 to take the excess out, not 4/1 as per your employer.  It is the 2nd employer where you created the excess and should be removing from.  <a rel="nofollow" target="_blank" href="https://www.doughroller.net/retirement-planning/happens-contribute-401k/">https://www.doughroller.ne...>
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I am NOT an expert and you should confirm with a tax expert.