I accidentally funded my traditional IRA as well as my Roth IRA, rather than my spouse's. I am not eligible ,since I had no income. Now what do I do?
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You would need to withdrawal the funds from the over funded account as well as the earnings. You will need to get a Return of Excess Contribution form from the custodian of the account.
The earnings (if any) may be subject to a 10% penalty for early withdrawal.
If your spouse has compensation, perhaps your contributions are not excess contributions. Perhaps they are permissible spousal contributions.
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