This series of payments can be for the rest of your life, or over the joint lifetimes of yourself and your spouse, or anyone else you designate. Section 72(t) of the Internal Revenue Code allows you to annuitize your 401k or other qualified pension plan at any time without paying a penalty to the IRS.
Hello Alexandra, To talk about the differences between speed and velocity, let's talk about how they are defined. Speed can be defined as the distance traveled divided by the total time taken. So, speed = distance/time. While velocity can be defined as the displacement divided by the total time taken. So, velocity = displacement/time.
Your choice of answer to this question determines what you calculate â speed or velocity. Average speed is the rate of change of distance with time. Average velocity is the rate of change of displacement with time. And for the calculus people out thereâ¦ Instantaneous speed is the first derivative of distance with respect to time.