What are the consequences if a taxpayer takes a distribution from a retirement plan either too early

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What are the consequences if a taxpayer takes a distribution from a retirement plan either too early or too late? Describe the rules for determining if a distribution is too early or too late.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Essentials Of Federal Taxation 2018

ISBN: 9781260007640

9th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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