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.
Generally, if the taxpayer receives distributions directly from the inherited IRA, the distributions are taxed, but the 10% penalty tax on premature withdrawals does not apply, even if the beneficiary is under the age of 59 1/2.herefore, the money retained its character as an amount received by a beneficiary from an inherited IRA and the distribution was made to a beneficiary on account of a death. Thus the distribution was not subject to the 10% penalty tax.