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.
Early Withdrawals. IRAs and 401k plans have different early withdrawal requirements to avoid the 10 percent early withdrawal tax penalty, imposed on most withdrawals before age 59-1/2, that must be reported when you file your income taxes.owever, you can only avoid the early withdrawal penalty for college expenses or a first time home purchase with an IRA withdrawal. For only 401k plans, you can avoid the tax penalty if you retire after turning 55.