Guest ticket Posted January 29, 1999 Posted January 29, 1999 What is the proper correction method for excess contributions to a Keogh Plan? We have an individual who made contributions to a Keogh Plan that should not have been made because he was employee (w-2 wages) as opposed to self-employment income. Is there anyway to get the excess out of the Plan, as the carryforward correction will not help him as he will not have any self-employment income in the future. Thank you for any assistance.
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