Is there a banking regulation, or an IRS rule, that prohibits an early withdrawal penalty on an IRACD of a sixty year-old depositor?
No, the IRS rules spell out the restrictions on the taxpayer for making early withdrawals or failing to take the required minimum distributions, but the deposit contract for the certificate of deposit that holds funds under the IRA can provide for an early withdrawal penalty, with any waiver being subject to the bank's approval.
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No, the IRS rules spell out the restrictions on the taxpayer for making early withdrawals or failing to take the required minimum distributions, but the 