Common use of Early Distribution Penalty Tax Clause in Contracts

Early Distribution Penalty Tax. No 10 percent early distribution penalty tax will apply to the inherited Xxxx XXX distribution because the distribution is due to the death of the original owner.

Appears in 9 contracts

Samples: Roth Individual Retirement Custodial Account Agreement, Roth Individual Retirement Custodial Account Agreement, Inherited Roth Ira Adoption Agreement

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Early Distribution Penalty Tax. No 10 percent early distribution penalty tax will apply to the inherited Xxxx XXX distribution because the distribution is due to the death of the original owner.

Appears in 5 contracts

Samples: Inherited Ira Adoption Agreement, Inherited Ira Adoption Agreement, Inherited Ira Adoption Agreement

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