Removal/Recharacterization Calculator
I used to use the MoneyZine Recharacterization calculator to figure our any excess contributions and have now found it’s no longer there for use. Would anyone have a link to this type of calculator?
I used to use the MoneyZine Recharacterization calculator to figure our any excess contributions and have now found it’s no longer there for use. Would anyone have a link to this type of calculator?
Permalink Submitted by Alan - IRA critic on Sun, 2021-10-31 23:35
I was not able to locate a replacement. Are you with an IRA custodian or do you use the calculator to determine the best solution to an excess contribution or taxable gains if a contribution is returned? If you use the NIA formula, the actual calculation probably takes much less time than to generate the input to a calculator.