To discourage the use of IRAs for purposes other than retirement, the law imposes an additional 10% tax on early distributions from traditional and Roth IRAs unless an exception applies. Generally, early distributions are those you receive from an IRA before reaching age 59Â½. The additional 10% tax applies to the part of the distribution that you have to include in gross income. It is in addition to any regular income tax on that amount.
From Wikipedia, the free encyclopedia. Products are the species formed from chemical reactions. During a chemical reaction reactants are transformed into products after passing through a high energy transition state. This process results in the consumption of the reactants.
A chemical reaction is a process in which the identity of at least one substance changes. A chemical equation represents the total chemical change that occurs in a chemical reaction using symbols and chemical formulas for the substances involved. Reactants are the substances that are changed and products are the substances that are produced in a chemical reaction.