Somatic Motor: Superior oblique muscle. The trochlear nerve is purely a motor nerve and is the only cranial nerve to exit the brain dorsally. The trochlear nerve supplies one muscle: the superior oblique.
Taxes are due only when you withdraw money. You are supposed to leave funds in the account until you are 59 1/2 years old. If you take any money out of a traditional IRA early, you must pay 10 percent of the withdrawn amount as a penalty unless the distribution meets IRS rules to qualify as an exception. Taxes and penalties are paid for the year the distribution occurs.
Sample Tax Penalties for Early Withdrawal from SIMPLE IRA. Assume Ted who is 28 years old has worked at his job for 1 year and 3 months. Both Ted and his employer have contributed $500 each to his SIMPLE IRA, giving him a total vested value of $1,000.