merÂ·oÂ·zyÂ·gote. microbial genetics An organism that, in addition to its own original genome (endogenote), contains a fragment (exogenote) of a genome from another organism; the relatively small size of the exogenote permits a diploid condition for only a limited region of the endogenote.
If you have a plan with a previous employer, you will have to take a minimum required distribution from that plan once you turn 70 1/2, but you may defer receiving payments from NYU's plan(s) as long as you are still working at NYU.
You must start taking required minimum distributions from a traditional IRA at age 70 1/2. The required minimum distribution is taxed at the ordinary income tax rate. However, if you somehow fail to take out the minimum, the IRS will assess a penalty of 50 percent of the amount that should have been withdrawn.