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re: Question about a Roth account

Posted on 6/18/14 at 3:15 am to Brood211
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
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Posted on 6/18/14 at 3:15 am to Brood211
quote:
What are the penalties if you invest in a Roth but make > 185 k / yr? Which I think is this years max


The penalty on excess contributions is 6% of the excess amount.
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