A few days ago I finished off my 5,000 contribution to my Roth IRA and placed a trade after hours. At the current market rate, I could afford 119 shares, so I processed the order. In the morning, the stock price had gone up and therefore the cost of 119 shares was 30$ higher than my cash balance.
At this time I have a 30$ negative balance in my Roth IRA. I cannot contribute anymore to offset it and I do not want to make a $9.95 transaction just to appease this.
Is anybody aware of what happens if I do nothing to correct it? If Sharebuilder has to sell some of my stock to offset it, will I be charged a $9.95 fee?
Thanks.