What is ‘In-Service Withdrawal’
A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event, such as reaching a certain age, or leaving an employer, is often needed to be able to withdraw funds from a plan, such as a 401(k).
Explaining ‘In-Service Withdrawal’
Some plans, allow for distributions to be made before a triggering event occurs, to make house payments or pay for your children’s education. In most other instances, though, these withdrawals would be penalized according to the 10% standard.
Further Reading
- Interactive innovation in financial and business services: the vanguard of the service revolution – www.sciencedirect.com [PDF]
- Employment in service activities and inequality in metropolitan areas – journals.sagepub.com [PDF]
- Islamic banking service quality and withdrawal risk: The Indonesian experience – platform.almanhal.com [PDF]
- Sequential clinical scheduling with patient no-shows and general service time distributions – www.tandfonline.com [PDF]
- Sustainable competitive advantage in service industries: a conceptual model and research propositions – journals.sagepub.com [PDF]
- Value co-creation in service logic: A critical analysis – journals.sagepub.com [PDF]
- Service systems: a broadened framework and research agenda on value propositions, engagement, and service experience – journals.sagepub.com [PDF]
- Coping with the cuts? The management of the worst financial settlement in living memory – www.tandfonline.com [PDF]
- Urban service distributions: Some answers to neglected issues – journals.sagepub.com [PDF]
- Exploring consumer conflict management in service encounters – link.springer.com [PDF]
