nmr12354
Level 3
12-07-2019
05:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Solved! Go to Solution.
Labels
sjrcpa
Level 15
12-07-2019
05:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The Roth limit has nothing to do with the 401(k) deferral limt. She must be over the AGI limit for Roth contributions. The software has worksheets showing the calculation. If she overcontributed by $300 she can withdraw it, plus earnings by April 15.
Ex-AllStar
nmr12354
Level 3
12-07-2019
05:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
She is over the AGI limit. I didn't realize. AGI was an issue.