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TMFPixy writes (in part):

What's really of interest is whether the custodian would allow the overcontribution and how long it would take before the IRS said enough's enough and voided the IRA.

I reply:

The easiest work-around for any potential problems with the custodian would be to open IRAs with different custodians and contrbute $2000 to each. The real problem is with the IRS. I imagine we'd be talking back taxes, penalties, and interest, but that's just a guess on my part. --Bob
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