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re: Roth IRA income limit
Posted on 11/18/20 at 11:59 am to Simon Gruber
Posted on 11/18/20 at 11:59 am to Simon Gruber
Here ya go. This discusses backdoor as well.
Lifehacker
quote:
if you over-contribute to a Roth IRA, you’ll have to withdraw the excess and any earnings on it. Otherwise, you’ll pay a 6% tax on ineligible contributions, plus you’ll pay a 10% early withdrawal penalty if you’re younger than 59.5.
Lifehacker
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