Freebase (0.00 / 0 votes) Rate this definition: Angle. In geometry, an angle is the figure formed by two rays, called the sides of the angle, sharing a common endpoint, called the vertex of the angle. Angles are usually presumed to be in a Euclidean plane or in the Euclidean space, but are also defined in non-Euclidean geometries.
At the age of 59.5, you are to considered to have reached the minimum distribution age, and can therefore begin withdrawal from your 401(k) without being subject to a 10% penalty on early distributions.
401k Withdrawals-Most withdrawals from 401k accounts will be included in your taxable income for the calendar year in which you take the withdrawal. And of course, if you take withdrawals prior to age 59 Â½, in addition to income tax you will pay a 10% penalty tax.