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.
Any deductible contributions and earnings you withdraw or that are distributed from your traditional IRA are taxable. Also, if you are under age 59 Â½ you may have to pay an additional 10% tax for early withdrawals unless you qualify for an exception. None if itâs a qualified distribution (or a withdrawal that is a qualified distribution). Otherwise, part of the distribution or withdrawal may be taxable. If you are under age 59 Â½, you may also have to pay an additional 10% tax for early withdrawals unless you qualify for an exception.