About two weeks ago, I opened a Roth IRA account and bought into a fund with $3000, the minimum investment. I designated the contribution as for the 2013 tax year. However, looking over my 2013 IRA contributions, I realized I had made a contribution into a Roth IRA at a different bank at the beginning of the year that I had forgotten about. This pushes me about $1500 over the $5500 yearly limit.
I've seen various stuff about "recharacterizations", but that seems to be talking about recharacterizing a contributon from one type of IRA to another. What I would ideally like to do is to just redesignate part of my $3000 contribution into a different tax year (2014). Is this possible? Or would I actually have to withdraw the $1500 from the fund and immediately buy back in, designating the new contribution for 2014?