A Tax Nightmare: Excess IRA Contributions
We’re quickly approaching the time of year when most contributions are made to IRAs and Roth IRAs. But there are limits to how much can be contributed to an IRA, and exceeding them can result in costly penalties. Ed Slott, CPA, tells us what to look out for.
To read the full article in Financial Planning, click: A Tax Nightmare: Excess IRA Contributions.