Thanks @Opus 17.Instead of taking the 10% penalty for withdrawing the excess $1000 in 2025, could I just leave it in the account and then just take another 6% p...
@Opus 17&@fanfareTo clear up any confusion, here's exactly what I did:In 2024, I contributed $7000 to a Roth IRA, then recharacterized that amount to a Traditio...
@Opus 17Correct, the 2025 contributions have already been converted from a Traditional IRA to a Roth IRA, which the custodian stated they would be unable to pro...
I talked to my investment broker. They said I can't remove the excess contribution because I had converted it from a Traditional IRA to a Roth IRA (part of a ba...
