![Put Too Much in your IRA This Year? [Here's How to Fix It]](https://i.ytimg.com/vi/FHJ7K4Lz1dM/maxresdefault.jpg "Put Too Much in your IRA This Year? [Here's How to Fix It]")
Oops – You put too much money in your IRA! Now what? Haley Gant, CISP, offers a few solutions to solve that problem when faced with an excessive contribution to an IRA, however; it is always recommended to speak with your CPA or Tax Advisor on the matter.
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if the money is in a security position can you move the position or do you have to liquidate ?
Quick question, I requested the recharacterization of the whole amount given I was above salary limits to make a direct IRA contribution for 2020. The custodian move my money to a traditional IRA from the roth IRA. Then I request a rollover for tax year 2020 but my custodian says that the request has to be done before end of year and no before tax filling day to be counted as 2020. that is true???. What are my options?
If I have an IRA with a bank do I have to let it crash with the market or can I put in a stopping point? It lost 5k in one month and I’m worried that a big drop in the market is coming again.
A great informative video.
Great video. Thank you