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HI Pixy,
>>If you add more than $2K (other than a qualified rollover) to a traditional or a Roth IRA, you will have made an excess contribution that will be subject to a 6% penalty per year until it is withdrawn. You have until April 15 of the year following the year for which the contribution was made to withdraw the excess and avoid being assessed that penalty.<<

Thanks for your response! I am wondering how one would structure thier portfolio to take advantage of Roth tax advantage, still put additional savings into thier portfolio and not get soaked by excess trading costs and confused by elaborate tracking of multiple accounts.

In other words, I want to hold a 10 stock portfolio with weightings adjusted periodicly. Some of this would be my roth conversion money some would be additional savings. The 6% penalty you detailed seems like something to be avoided at all costs. TIA
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