Ask a YFP CFP® #47: What happens if I contribute beyond the maximum annual limits to a 401(k) or IRA?

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Frank in Bonita Springs, Florida: What happens if I contribute beyond the maximum annual limits to a 401(k) or IRA?

Mentioned on the Show:

• YFP Planning
• Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD
• YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions
• YFP 073: How to Determine the Priority of Investing
• YFP 074: Evaluating Your 401(k) Plan
• YFP 075: DIY, Robo or Hire a Planner?
• YFP 076: Investing Rapid Fire Q&A
• Book a Discovery Call with YFP Planning
• Send in your questions here or to info@yourfinancialpharmacist.com

Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.