I'm going to get face punches for this, so let's get it out of the way: I'm impatient and it costs me money. I know.
When I sold House 1 earlier this year, I put $11,000 in my husband's Roth IRA account for 2016 and 2017 and $5500 in mine for 2017. We then decided to buy a house four months later (I know, I know), so I pulled $5500 from his account and $5500 from mine. I read A LOT of info online about you can withdraw contributions without penalty at any time, but a discussion in the Relatives Who Just Don't Get It thread is sending me for a tailspin. Questions:
1. Do I owe a 10% penalty on the $5500 I withdrew from my account?
2. Do I only have 60 days to put back my husband's 2017 contribution? Or can I do it any time before the end of the year? Vanguard seems to think I can't do it at all as it's blocking my ability to add money to that account because I've maxed out for the year.
Advice/help is appreciated!