The 6% IRA Penalty That Hits Every Year Until You Fix an Excess Contribution

Here's how to correct the mistake.

# The 6% IRA Penalty That Hits Every Year Until You Fix an Excess Contribution Here's how to correct the mistake. **Read the full article:** [Money.com](https://money.com/ira-excess-contribution-penalty/?xid=moneyrss) *This article was originally published by Money.com. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*