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.
Many people either decide to retire before they reach 59 1/2 or simply end up needing retirement funds for other purposes earlier in life. If a withdrawal is made from a Roth 401(k) account that does not meet the above criteria, it is considered unqualified and incurs income taxes.However, taxes are only assessed on the earnings portion of the withdrawal.any people either decide to retire before they reach 59 1/2 or simply end up needing retirement funds for other purposes earlier in life. If a withdrawal is made from a Roth 401(k) account that does not meet the above criteria, it is considered unqualified and incurs income taxes.