For year 2022, I completed my Roth IRA contribution in June, like I used to do before. But this year, my modified AGI came out to be higher than the limit that allows you to contribute in Roth IRA. Now my question is, how can I move the money from Roth to Traditional IRA or what should I do to avoid the tax penalty?
Has anyone came across such situation?
Your advice is greatly appreciated in this matter.
TIA