Sentences with phrase «normal retirement age unless»

Federal regulations have not allowed pension distributions before a defined benefit plan's normal retirement age unless the worker separates from service.

Not exact matches

If you withdraw money early (before age 59-1/2) from a tax - deferred retirement account, you'll owe the IRS income tax on the amount withdrawn at your normal marginal income tax rate PLUS — unless the money's for an «allowed purpose «-- a 10 percentage point penalty.
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