If an investor chooses to take a premature distribution from a qualified account before he or she is eligible to do so, the IRS imposes a 10% penalty on the amount withdrawn. The money is also taxed as ordinary income in the year the investor withdraws it.
Updated: 13 October 2016. Although it is best known for its cultural and artistic advancements, the Italian Renaissance was also a period of significant scientific progress too. We take a look at some of the eraâs most interesting inventions, from Leonardo da Vinciâs parachute to Galileoâs precursor to the modern thermometer.
italian renaissance Essay ... Italian Renaissance The Italian Renaissance began in the Middle ages in the great city's and state's of Italy. Italian merchants and political officials supported and appointed the great artists of the day, because of this the products of the Renaissance grew up inside their own walls.