My question is relating to multiple over contributions to a solo roth of 401k.
At different times of the year I contributed various amounts most of these contributions need to be removed.
Well doing these calculations I was just doing one calculation starting with the date of the first over contribution as the account opening balance in the equation.
Now after thinking about it I think that's wrong I think I need to be calculating each over contribution separately because the opening balance is different each time these contributions were made.
So each time I think I should be getting a number for that specific over contribution and then at the end adding up all of those numbers together to get the full value of how much I over contributed.
And then remove that with a removal of excess form with my administrator.
I've done a lot of searching but I can't find where anyone has talked about multiple over contributions at various times.
I'm just double checking that what I said above is correct and I should be doing calculations separately for each over contribution.
Thank you so much this forum has been so much help to me!
