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
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