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Early (premature) Withdrawal

A withdrawal of funds from an IRA, a 401(k) plan, or any tax qualified retirement plan, usually before age 59½. Early withdrawals are subject to tax penalties, though there are some exceptions.

News On Early (premature) Withdrawal
Sensex volatile, Nifty still below 8550; M&M slips 3%

02-12-2014| Source:Moneycontrol.com

The Reserve Bank of India cut the March-end CPI inflation target to 6 percent from 8 percent earlier. The governor Raghuram Rajan says change in monetary policy stance now would be premature, adding

RBI holds rates; may cut early 2015 if inflation weakens  

02-12-2014| Source:Moneycontrol.com

Despite the steep fall in food inflation and continuously declining global crude oil prices, governor Raghuram Rajan feels that change in monetary policy stance at the current juncture is premature.

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