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.
If you left your previous employer after you reached the age of 55, then you can take a withdrawal from the 401(k) plan. This withdrawal will be considered taxable income but it will not be subject to the early withdrawal penalty tax. This applies even if you are not yet age 59 Â½.