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Excess contributions ira
I'm not sure I understand the excess contributions not to excessed 5,500. my job (i'm a state employee) deducts my retirement contributions from my payroll and I don't have any control over it. we both have a traditional plan. my husband is a government employee and his government retirement web site stated that he cannot exceed 18,000 per year.
now we are confused by the penalty for excess contribution???
can you help please
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‎June 6, 2019
3:27 AM