<prompt> Human: I recently opened a Roth IRA account for myself. I had a brief tech support snafu when setting up online access, apparently because my information was already in the system. Unbeknownst to me, my grandparents started an account in my name and have been making contributions for the past 5 years or so, including USD 2000 this past May. Since I made the maximum contribution of USD 5,500 when I started the account a few weeks ago, Im now 2,000 over the maximum yearly contribution. I know I need to correct this--and would obviously like to do so with minimum penalties. My understanding is that I can have the excess amount returned to my bank account with no penalty, so long as I do so by October 15th. Is there anything else I need to do that Im missing? As long as I correct the error by the deadline, will this complicate filing my taxes in April? More broadly, is there any way to prevent this from happening in the future other than talking to my grandparents and making sure we communicate better in the future?  <response>: Dont forget that when you talk to your grandparents, do it face to face so everyone knows there are no hard feelings, and hug them when you say hello and again when you say goodbye, because theyre awesome for doing this for you. 