Yes. But there may be penalties for early withdrawal. And, if it is a traditional IRA there will also be federal (and maybe state) income taxes due, as well as a ten percent penalty to the IRS under most cases, if the withdrawal is made before age 59 1/2. For a roth IRA, there also may be penalties for early withdrawal, but there will be no taxes due if all you withdraw is the amount you originally deposited. Once you are 59 1/2, you may withdraw even the gain without taxes.
If you are under 59 1/2 there is a 10% penalty for withdrawing from your 401(k) early. This is a federal penalty assessed on your taxes.
You cannot. No bank would allow someone to withdraw money from another persons bank account without their approval. Trying to do so is illegal and you can be jailed for it. Also, if a bank is lax in its security precautions and allows such transactions, the bank can be closed by the central bank.
Under what circumstances would it be advisable to borrow money to take a cash discount?
Early withdrawal penalty of 10% on the taxable amount of the early withdrawal distribution amount when you are under the age of 59 1/2. Unless you meet one of the exceptions to the early withdrawal penalty amount.
Very limited conditions. If you're under 59 years old, you can only withdraw limited funds to prevent hardship at home, get advanced education, or pay some medical bills.
Under normal circumstances, there is a 10% fee in taxes that you have to pay if you withdraw early. Under certain circumstances, like a medical emergency, the fee can be waived.
59 1/2, or in certain cases 55 You can retire at any age if you have the mans. You cannot start drawing social security or withdraw from from qualified retirement accounts without penalty at any age. However, you can start taking withdrawals from a qualified retirement account at any time without penalties...under many circumstances....and as long as the distribution are to be continued equally over your lifetime without stopping. (Not a one time withdrawal).
You can begin withdrawing from your IRA without penalty starting at age 59.5. Under normal circumstances, you would have to pay an early withdrawal penalty of 10% if you do not wait the extra 6 months after you turn 59.
It depends on where you live and the circumstances. Generally speaking, you can withdraw at 18 regardless of any other considerations. If you're younger than that, you can only do so under specific conditions which vary by state.
Under certain circumstances, yes, they can.
Yes, this is allowed under no penalty. Even if you knock the ball off the tee accidentally with your club there is no penalty, it can simply be replaced on the tee.
Chile abolished the death penalty for ordinary crimes. Chile's laws provide for the death penalty only for exceptional crimes such as crimes under military law or crimes committed in exceptional circumstances
You cannot become a werewolf under any circumstances.
Without knowing which Alexander or under what circumstances you are referring to it is not possible to give a definitive answer.It is quite likely he had the same feelings as anyone else would under the circumstances.
Not without his/her parents permision under normal circumstances.
Yes. But there may be penalties for early withdrawal. And, if it is a traditional IRA there will also be federal (and maybe state) income taxes due, as well as a ten percent penalty to the IRS under most cases, if the withdrawal is made before age 59 1/2. For a roth IRA, there also may be penalties for early withdrawal, but there will be no taxes due if all you withdraw is the amount you originally deposited. Once you are 59 1/2, you may withdraw even the gain without taxes.