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.
Withdrawals (above contribution) before this age are subject to 10% penalty and income taxes. For example: if someone has contributed $25,000 to a Roth 401(k) and had gains of $3,000, he would be allowed to withdraw up to $25,000 without paying a penalty.Moreover, the owner of these accounts, must to take minimum distributions, i.e. they are required to withdraw, starting at the age of 70Â½.nlike a regular 401(k), contributions to a Roth 401(k) are not tax-deductible; however, withdrawals upon retirement are not taxed. Since the Roth 401(k) is funded by after-tax dollars, individuals can withdraw their contributions to the account without facing any penalty or taxes.