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IRA DISTRIBUTION REQUEST FORM for Sit Mutual Funds

IRA DISTRIBUTION REQUEST FORM for Sit Mutual Funds

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so you made an xs roth ira contribution and you're trying to figure out what is the deal with the six percent penalty i'm gonna break it down for you so you figure out how to calculate it whether or not you have to pay it because you might not and i'll give you some guidance on what you need to do what's going on guys welcome back to the channel if this is your first time on our channel welcome to the channel my name is travis sickle and if you haven't already subscribed please take a minute to subscribe it really helps me out on this channel alright so the six percent penalty you made the excess contribution and what is the six percent so the six percent is only calculated on the excess portion it is not calculated on the growth portion but there is more that you need to be aware of because there's a timing component to it if you fix your ira or roth ira excess contributions before your tax filing deadline including extensions and that g

Related searches to IRA DISTRIBUTION REQUEST FORM For Sit Mutual Funds

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