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.
Retirement Age. If you withdraw money from your 401k before you reach age 59 1/2, you could be subject to a 10 percent penalty from the IRS, as well as ordinary income taxes on the money you take out.afe Withdrawal Rate. Once you know how much money you need to generate from your 401k, you can determine the necessary withdrawal rate and determine if you have enough in your plan to meet those expenses.