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A transaction in which a customer receives back money he/she had previously deposited at a bank, pension, or trust. When one makes a withdrawal on a pension or similar plan, it may carry a penalty depending on the pension's rules. For example, one must usually be of a certain age in order to make a withdrawal. There is rarely such a penalty when making a withdrawal from a bank. For instance, when one closes an account, the client makes a withdrawal on all the money he/she owns at that bank.


A withdrawal is money you take out of your banking, brokerage firm, or other accounts.

If you withdraw from tax-deferred retirement accounts before you turn 59 1/2, you may owe a 10% early withdrawal penalty plus any income tax that's due on the amount you've taken out.

In everyday usage, the term withdrawal is used interchangeably with distribution to describe money you take from your tax-deferred accounts, though distribution is actually the correct term.

References in periodicals archive ?
However, Majithia (2009) suggests that caffeine withdrawal facilitates a depletion of serotonin, which is often implicated in substance abuse research as a causal factor related to aggression.
Symptoms of caffeine withdrawal that are not currently an officially recognized diagnosis are present.
Caffeine withdrawal may also trigger migraine attacks in some people.
Having jumped enough bureaucratic hurdles to satisfy Lane County officials, the Morning Glory espresso stand is back in business, after more than a year of caffeine withdrawal.
Additionally, he argued that just because the DSM includes diagnoses for conditions like jetlag or caffeine withdrawal, does not mean that they come with expensive treatments.
However, in most media reports of scientific studies on caffeine withdrawal, erroneous headlines read something along the lines of "More evidence that caffeine is addicting.
Prof Roland Griffiths, of Baltimore's Hopkins School of Medicine, warns about caffeine withdrawal being so serious that it can become a genuine psychological disorder.
The researchers came to this conclusion after pouring over more than 60 studies of caffeine withdrawal conducted over the last 170 years.
If you get a headache due to caffeine withdrawal, caffeine-containing medicine, such as Anacin[R] or Excedrin[R], will foil your efforts to reduce caffeine intake.
alleviating headaches (although ironically, caffeine withdrawal for the
Junkins-Hopkins also advised clinicians about "weekend flushing," caused by abrupt caffeine withdrawal.