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Казнен данок
A federal tax that can be applied if a plan holder does not meet certain requirements when making withdrawals from a tax-advantaged retirement plan (for instance, if the plan holder has not reached age 59-1/2). This penalty tax is owed in addition to any income taxes due.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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