Withdrawal

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Withdrawal

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.

Withdrawal.

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 ?
to noon, there was no change in cecal intubation, bowel prep, or withdrawal times, but adenoma detection diminished from nearly 48% to 45%.
The results calculated by the previous method are similar from the experimental data, in which it was established that the approximate withdrawal time of milk in cows treated with florfenicol by intramammary route, was 72 hours (3 days).
Influence of length of feed withdrawal times on proximate composition and levels of selected vitamins and minerals in broiler breast meat.
Solely with respect to the Waterfall Offer, the Early Participation Time, the Withdrawal Time, the Price Determination Time and the Expiration Time have been extended for all Waterfall Notes as follows:
Please remember that although there is no withdrawal time for meat on the vaccine, immunity takes three weeks from completion of the course and this should be factored in to your decisions.
Note also any safety precautions, how the medicine should be stored, shelf life, withdrawal time, and any other information provided.
The following table sets forth the outstanding principal amount of Notes, the principal amount that had been tendered and not withdrawn as of the Withdrawal Time and the principal amount accepted for purchase:
The recommended withdrawal time for this medication is acknowledged to be eight days and we are therefore very surprised to learn that it has tested positive.
Note: If you will be using or selling the animal for meat, check the withdrawal time for meat on the bottle.
WASHINGTON -- A withdrawal time of 6 minutes is adequate for reaching adenoma detection rates recommended by the American Society for Gastrointestinal Endoscopy, according to a large, single-institution study presented at the annual Digestive Disease Week.
New York City time, 29 May 2012, and any Notes tendered after the Withdrawal Time may not be validly withdrawn, unless in either case the Company is otherwise required by applicable law to permit the withdrawal or the Company elects to allow such withdrawal.