Excess contribution

The amount by which an IRA Contribution exceeds the allowable limits, on which the IRS applies a Penalty.

Related Terms: 4 Contribution, ITS, Low, Penalty

Other Related Pages: Category: Taxes Starting With: E

Additional Related Terms: 52-week low, All or any part, All-risks coverage, Add-on service, A shares, At the money, Average contribution percentage, Across the board, Amount recognized, Against the box