This is the first year that my compensation will be above the income threshold for contributing to a Roth IRA. However, I'm an idiot and accidentally already contributed the $7.5k to my Roth IRA, and invested $1.4k of it last week as I phase into my various ETFs.

    What's the path forward to take here? I'm assuming that I need to reach out directly to Vanguard to get them to help with moving this contribution and invested amount into my Traditional IRA ($0 bal) so that I can then backdoor it?

    So annoying to deal with this over a mindless mistake. Smh.

    Incorrect Contribute to Roth IRA because of Income Threshold
    byu/Himothy1917 inpersonalfinance



    Posted by Himothy1917

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