It is about two hours from Monument Valley, two hours from the North Rim of the Grand Canyon, three hours from the South Rim of the Grand Canyon, two hours from Zion National Park and four hours from Las Vegas. The entrances to upper and lower Antelope Canyon are easy to miss.
Distributions from Traditional IRAs prior to age 59Â½ are subject to a 10% penalty, in addition to applicable federal and state taxes. Under the following circumstances, you may be able to avoid the penalty on early withdrawals:1  First-time home purchase. 2  Qualified education expenses.3  Death or disability.istributions from Traditional IRAs prior to age 59Â½ are subject to a 10% penalty, in addition to applicable federal and state taxes. Under the following circumstances, you may be able to avoid the penalty on early withdrawals: 1  First-time home purchase. 2  Qualified education expenses. 3  Death or disability.
Ordinarily, though, those under age 59 would owe the 10% early withdrawal penalty for taking the money before five tax-years had passed since the conversion. But a distribution for a first home purchase is an authorized exception to the early withdrawal penalty on IRA distributions.ow the law allows individuals to receive distributions from their traditional IRAs to pay up to $10,000 of first-time homebuyer expenses without incurring the 10% early withdrawal penalty that usually applies to withdrawals from a traditional IRA before age 59 1/2.