Freebase (0.00 / 0 votes) Rate this definition: Angle. In geometry, an angle is the figure formed by two rays, called the sides of the angle, sharing a common endpoint, called the vertex of the angle. Angles are usually presumed to be in a Euclidean plane or in the Euclidean space, but are also defined in non-Euclidean geometries.
At the age of 59.5, you are to considered to have reached the minimum distribution age, and can therefore begin withdrawal from your 401(k) without being subject to a 10% penalty on early distributions.
According to the IRS, if you over-contribute to your 401(k) in 2013, youâll have until April 15, 2014, to withdraw the excess amount. The excess amount (plus any interest earned on that amount) will be added to your gross income for the year and will be taxed accordingly.