withdrawals

plural of withdrawal
as in retirements
an act of moving away especially from something difficult, dangerous, or disagreeable the army's orderly withdrawal from the city turned into a rout as the enemy's shock troops surged forward

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Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of withdrawals Contributions are tax-deductible, growth is tax-free, and withdrawals for qualified medical expenses are also tax-exempt. True Tamplin, Forbes, 21 Dec. 2024 The council noted that irrigation to serve agriculture accounts for about 70% of the nation’s groundwater withdrawals, but offered few specifics about how the federal government could encourage reductions in agricultural water use. Ian James, Los Angeles Times, 20 Dec. 2024 Each have different tax implications and different rules for early withdrawals. Jeanne Sahadi, CNN, 19 Dec. 2024 Contributions are made with after-tax dollars, and qualified withdrawals (after age 59½ and five years) are tax-free. Andrew Rosen, Forbes, 19 Dec. 2024 This applies to withdrawals from traditional IRAs, 401(k) accounts, and SEP-IRAs. David Rae, Forbes, 16 Dec. 2024 However, the tax situation is not so fun when you are finally required to start making withdrawals based on your age. David Rae, Forbes, 16 Dec. 2024 The shell account of one company that Ayala issued debit cards for was used to move over $500,000 from the United States to Colombia via ATM withdrawals, the complaint alleges. Ramishah Maruf, CNN, 11 Dec. 2024 Generally, those who are 73 and have given up working must make withdrawals from traditional IRA, SEP IRA, SIMPLE IRA and retirement plan accounts every year. Gordon G. Chang, Newsweek, 11 Dec. 2024

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“Withdrawals.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/withdrawals. Accessed 30 Dec. 2024.

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