Does this method of receiving a 1099-R as described for pre-tax over-contribution work as well if you over-contribute to your $53,000 total contributions (pre-tax/roth, employer, and after-tax combined)?
With the "new" after-tax 401k to Roth IRA rollover strategy, I'm trying to figure out what percentage I need to contribute in after-tax to max out the full $53,000 but it's a little tricky with multiple variables (degree of company match on uncertain bonus and/or raise, etc.). If you can just pull it back out without penalties at the end of the year, that would save me a lot of heartburn.