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2009/1/11-15 [Uncategorized] UID:52354 Activity:nil |
1/11 If I contribute more than the contribution limit to my Roth IRA (i.e. $5000), what happens? Is there a penalty? Thanks. \_ I think your bank/institution will stop you if you try. If you use multiple institutions, it'll get reported to the IRS who'll eventually spank you for it somehow. \_ If I contributed but ended up making too much money, can I say "I'm sorry, I won't do it again" or un-contribute? \_ http://tinyurl.com/a5aezf --oj \_ Thanks oj, that was funny. -ausman |
tinyurl.com/a5aezf -> letmegooglethatforyou.com/?q=contribute+too+much+to+IRA Advertise This is for all those people that find it more convenient to bother you with their question rather than google it for themselves. Inspired during a lunch conversation with @coderifous, @tmassing, @rmm5t, @EricStratton, and @methodvon. |