Over contributed to 401k. Do I have to notify plan administrator?
Over contributed to 401k. Do I have to notify plan administrator? Hi all, I’m wondering about the following situation. I switched jobs last year and overcontributed to 401k: Job1: contributed 23k to Roth(has 50% match) Job2: contributed 11.5k to Roth (100% match up to 11.5k) So I’m not sure what to do – I already paid taxes on my contributions. I just technically need to withdraw contributions + earnings and p…