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, IRA and other tax advantaged retirement plans. The key ages at which you can withdraw funds from the most commonly used retirement accounts without paying a penalty are: 401K and 403b retirement plans are generally company sponsored and the age at which you can start taking penalty (10%) free withdrawals is 59Â½ .However, you must start taking the minimum distribution (based on a variety of factors) by age 70Â½.lso, the IRA age limit for withdrawal still applies where you can only take penalty (10%) free distributions after you reach age 59Â½. A Roth IRA also allows you to take a one-time penalty and tax free $10,000 withdrawal if buying your first home.