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Old 12-10-2006, 08:17 AM   #4 (permalink)
tornadored
Tilted
 
Location: OH-IO
Thanks for the insight. After a lengthy conversation with E-Trade the other night, they are able to refund my overage (which was about $990) dollars minus a $25 refund fee, and any taxes on earnings which I made.

Since I had not made any purchases with the contributions, the fund was all cash, and my earnings equated out to be about $0.10. Thus no tax, but a little bit of money for Christmas!

Actually, I will probably use part of it to pay off some Christmas bills, then recontribute it next month as a 2007 contribution.
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