In New York, judgments are valid for 20 years. In addition, judgment creditors may extend the period beyond twenty years if they make the proper application in Court before the 20 years lapse. Other states may vary from 7 to 25 years. Judgments collect interest. In New York it's 9% per year.
Member SIPC.Schwab Institutional is a division of Charles Schwab & Co., Inc. FTA 02586 (1106-8352) REG34983SIPDF-03 (11/06) If your state of residency is:Your withholding options are:DE, IA, KS, MA, ME, NEIf you elect to have federal income tax withheld, Schwab is required to withhold state income tax.
Whether you withdraw funds from an IRA or a 401(k), the income tax implications are usually the same; the distributions are taxable income. Distributions (other than periodic distributions) from both types of retirement plans occurring before age 59Â½ are subject to an additional 10 percent penalty for early withdrawal.hether you withdraw funds from an IRA or a 401(k), the income tax implications are usually the same; the distributions are taxable income. Distributions (other than periodic distributions) from both types of retirement plans occurring before age 59Â½ are subject to an additional 10 percent penalty for early withdrawal.