and in that case, why cant I just contribute 6000$ towards 2021 in my traditional IRA, before tax deadline and remove the same amount towards "Excess contributi...
@fanfareThats a great advice. So, just to make sure if I am understanding it correctly-Currently -Trad IRA - 0$Roth IRA - X$Pay 6% penalty and contribute toward...
Dana, thanks for the prompt response !However, I still fail to comprehend few things-Yes, you will haverequest a withdrawal of excess contribution plus earnings...