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.
How much tax you pay on 401(k) withdrawals is partly up to you. Even after you turn 70, you only pay tax on 401(k) withdrawals, not what stays in the account.Of course, starting at 70 1/2, you must start making required minimum withdrawals each year and pay taxes on them.our tax depends on how much you withdraw and how much other income you have. If you have a $200,000 account, you could legally withdraw it all the year you turn 70. The amount you pay on that will depend on your marginal tax rate.