After having decided to remove my Roth IRA excess contribution, I went through the process at Vanguard for making it happen.
More posts in this series:
- The Roth IRA danger zone (part 1): What to do when you almost make too much to contribute
- The Roth IRA danger zone (part 2): What to do if you contributed too much
- The Roth IRA danger zone (part 3): How I resolved an excess contribution
- The Roth IRA danger zone (part 4): How to remove an excess contribution at Vanguard
I made an excess contribution to my Roth IRA last year. I didn’t plan on it, but my tax situation changed unexpectedly, and at that point, it had already happened.
And now, before I file my taxes, I decided that I was going to go through the process of withdrawing that excess contribution
My Roth IRA is with Vanguard, so here are the steps I took to go through the process. It’s not a complex one, but it is rather long and involved, so if you have to go through the same thing, feel free to use this as a handy reference.[Read more…] about The Roth IRA danger zone (part 4): How to withdraw an excess contribution at Vanguard