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Retirement Account BContribution Formb Vanguard

Retirement Account BContribution Formb Vanguard

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this video will help you understand your options if you accidentally funded a retirement plan and you weren't supposed to if you don't know who I am my name is Chris dime I'm a certified financial planner out of Edmonds Washington and I specialize in working with folks to endure retirement one of the most common mistakes we see when auditing client tax returns are over contributions to IRAs specifically pre-tax traditional IRAs and Roth IRAs and while technically you can over contribute to any retirement plan generally employer-sponsored retirement plans 401ks 403bs Etc have a third party administrator or TPA whose job it is to ensure employees do not over contribute to their retirement plans people don't have third party administrators who are overseeing their individual retirement accounts or IRAs and so it's not uncommon to find people mistakenly contributing to IRAs when they weren't supposed to also the rules for funding IRAs are way

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