SQL Date and Time Data Types and Functions. SQL Dates. The most difficult part when working with dates is to be sure that the format of the date you are trying to insert, matches the format of the date column in the database.
Tuesday, September 3, 2013. Using IRA Distributions to Pay Tuition and College Housing. IRAs (Individual Retirement Accounts), 401(k) plans, and other retirement accounts are supposed to be used for retirement purposes, and there is a 10% penalty on early withdrawals to persons younger than 59-and-a-half years old.
Normally, distributions from a retirement plan prior to age 59 1/2 are considered early distributions and are subject to a 10% penalty tax in addition to ordinary income tax. An exception to this rule, however, is a transfer of the retirement plan (or a portion of it) to a spouse as part of a divorce settlement.