- In-Service Withdrawal
- A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event, such as reaching a certain age, or leaving an employer, is often needed to be able to withdraw funds from a plan, such as a 401(k).
Some plans, allow for distributions to be made before a triggering event occurs, to make house payments or pay for your children's education. In most other instances, though, these withdrawals would be penalized according to the 10% standard.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
in-service withdrawal — UK US noun [C or U] ► FINANCE an amount of money that you take from your pension plan while you are still employed: »When you make an in service withdrawal, you cannot return or repay the money you remove from your account … Financial and business terms
withdrawal — with‧draw‧al [wɪDˈdrɔːəl, wɪθ ǁ ˈdrɒːəl ] noun 1. [countable, uncountable] BANKING the act of taking money from a bank account, or the amount you take out: withdrawal of • There are penalties for the early withdrawal of savings. • cash… … Financial and business terms
withdrawal — with|draw|al W3 [wıðˈdro:əl, wıθ US ˈdro:əl] n ▬▬▬▬▬▬▬ 1¦(army)¦ 2¦(removal/ending)¦ 3¦(money)¦ 4¦(stop taking part)¦ 5¦(drugs)¦ 6¦(statement)¦ ▬▬▬▬▬▬▬ 1.) ¦(ARMY)¦ [U and C] the act of moving an army, weapons etc away from the area where they… … Dictionary of contemporary English
withdrawal — noun 1 MONEY (C, U) the act of taking money from a bank account, or the amount you take out 2 ARMY (C, U) the act of moving an army, weapons etc away from the area where they were fighting (+ of/from): the withdrawal of all UN forces from the… … Longman dictionary of contemporary English
New Zealand Service Medal 1946 - 1949 — Infobox Military Award name= New Zealand Service Medal 1946 1949 caption= Obverse (top left) and reverse (top right) of the medal. Ribbon: 32mm, white with a central red stripe and black stripes at the edges. awarded by= New Zealand type=… … Wikipedia
New Zealand Service Medal 1946–1949 — New Zealand Service Medal 1946–1949 … Wikipedia
Puerto Rican recipients of the Distinguished Service Cross — Puerto Ricans have served as members of the United States Armed Forces and have fought in every major conflict in which the United States has been involved from World War I onward. Many Puerto Ricans, including those of Puerto Rican descent, have … Wikipedia
City Shuttle Service — A CSS Nissan Diesel bus on the last operating route 608, taken in November 2005. Singapore Shuttle Bus Private Limited was a subsidiary of SMRT Corporation in Singapore that operated bus services under the name of City Shuttle Service (CSS)… … Wikipedia
Ayrshire Bus Owners (A1 Service) — Ltd was a prominent independent co operative bus operator in Ayrshire, Scotland. Based in Ardrossan, it provided local bus services around the towns of Ardrossan, Saltcoats, Stevenston, Kilwinning, Irvine and Dreghorn, as well as the company s… … Wikipedia
United States withdrawal from the United Nations — The United States of America has been a member state of the United Nations since its inception as a supranational entity in 1945. [cite web| url=http://www.un.org/aboutun/history.htm |title=Beginning of the United Nations |publisher=United… … Wikipedia