Common use of When Can I Take Distribution from a Xxxx XXX Clause in Contracts

When Can I Take Distribution from a Xxxx XXX. You may at any time request distribution of all or any portion of your account. However, distributions made prior to your attainment of age 59½ (or in some cases within five years of establishing your account) may produce adverse tax consequences, unless an exception applies.

Appears in 46 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement

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When Can I Take Distribution from a Xxxx XXX. You may at any time request distribution of all or any portion of your account. However, distributions distribution made prior to your attainment of age 59½ 591⁄2 (or in some cases within five years of establishing your account) may produce adverse tax consequences, unless an exception applies.

Appears in 1 contract

Samples: Individual Retirement Account Disclosure Statement & Custodial Account Agreement

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