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.
Making the world better, one answer at a time. You can collect from a 401K at any age; however, there are withdrawal penalties as well as tax penalties until age 59-1/2.After 59-1/2 you will still have the penalty of it being taxable income, but the early withdrawal penalty goes away. The question should say age 59 and 1/2 years. For whatever reason, 59.5 years is the age at which you can start withdrawing funds from your 401K without penalty.