Sentences with phrase «subject to a penalty except»

Not exact matches

(1) Knowingly sells or labels a product as organic, except in accordance with the Act, shall be subject to a civil penalty of not more than the amount specified in 3.91 (b)(1)(xxxvii) of this title» per violation.

Distributions from traditional IRAs and most employer - sponsored retirement plans are taxed as ordinary income, except for any after - tax contributions you've made, and the taxable portion may be subject to 10 % federal income tax penalty if taken prior to reaching age 59 1/2 (unless an exception applies).

Distributions from regular 401 (k) plans are taxed as ordinary income and may be subject to a 10 % federal income tax penalty if withdrawn before age 59 1/2, except in special circumstances such as disability or death, or separation from service after age 55.

Distributions for non-medical expenses are taxable and subject to a 20 % penalty if withdrawn before age 65 (except in the cases of death or disability).

Reschedules made less than 24 prior to tour departure, except in cases of weather or other extenuating circumstances, may be subject to penalty based upon the nature of the tour.

[Medical fixed indemnity plans are considered excepted benefits under the Affordable Care Act, and are not subject to its regulations; coverage under a fixed indemnity plan is not considered minimum essential coverage, which means that people who have these plans are not considered insured, and are subject to the ACA's individual mandate penalty.].

But people who rely on short - term plans would still be subject to the ACA's shared responsibility penalty, as short - term insurance would still be considered an excepted benefit, and thus not minimum essential coverage.