kaitech3
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Thanks for the help.
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I called the Schwab. It was told that they normally remove the earning with the excess contribution if I choose let Schwab calculate the earnings.
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Are you saying that she can keep the earning from2020-2022 in the Roth account?But she has to remove the earning for 2023, is that correct?So the 10% penalty is...
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Sorry I read it wrong. Please ignore my previous reply.Earning still need to be removed in 2024 with the excess contribution.
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"there is no early withdrawal for 2020-2022 because earnings stayed in the Roth IRA."Can I leave the earning in the Roth IRA account? Do I still pay for the pan...
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