Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.
Appears in 6 contracts
Samples: Ira Agreement, Plan Agreement, atlwealth.com
Income Tax Treatment. Any withdrawal from your Traditional XXX is subject to federal income tax withholding. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.
Appears in 2 contracts
Income Tax Treatment. Any nonqualified non-qualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.
Appears in 1 contract
Samples: Traditional Individual Retirement Custodial Agreement
Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be XXX, except a direct transfer, is subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.
Appears in 1 contract
Samples: Stratton Monthly Dividend Shares Inc
Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be is subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.
Appears in 1 contract
Samples: Ira Agreement
Income Tax Treatment. Any nonqualified withdrawal of earnings from your Xxxx XXX may be subject to federal income tax withholding. You may, however, elect not to have withholding apply to your Xxxx XXX withdrawal. If withholding is applied to your withdrawal, not less than 10 percent of the amount withdrawn must be withheld.XXX
Appears in 1 contract
Samples: Custodial Agreement
