Quick Answer. Chemical reactions occur because different types of molecules interact with each other to create new substances. Many of these interactions happen naturally and are not man-made. When one molecule interacts with another one, a chemical reaction occurs due to the breaking of old bonds and the forming of new ones.
(iStockPhoto). Withdrawals from individual retirement accounts before age 59 1/2 typically trigger a 10 percent early withdrawal penalty. However, there are several exceptions to the penalty if you meet certain circumstances or spend the money on specific purchases. Here are 10 ways to avoid the IRA early withdrawal penalty:
Ways to Avoid the 10% Early Withdrawal Fee on Your IRA. One of these exemptions may allow you to withdraw IRA money without penalty. There are eight ways to avoid the 10% early withdrawal penalty fee that is assessed by the IRS on IRAs tapped before the beneficiary turns 59.5 years old. Jetta Productions/ Iconica/ Getty Images.