Common use of Terminal Illness Distributions Clause in Contracts

Terminal Illness Distributions. An exception to the 10% early withdrawal penalty for distributions made to an individual whose physician certifies that they have an illness or condition that is reasonably expected to result in death within 84 months. 1

Terminal Illness Distributions. An exception to the 10% early withdrawal penalty applies for distributions made to an individual whose physician certifies that they have an illness or condition that is reasonably expected to result in death within 84 months. 1