You will not have to penalty after you are 59 1/2.
If you receive pension or annuity payments before age 59½, you may be subject to an additional 10% tax on early distributions, unless the distribution qualifies for an exception. The additional tax does not apply to any part of a distribution that's tax-free or to any of the following types of distributions:
- Distributions made as a part of a series of substantially equal periodic payments that begins after your separation from service
- Distributions made because you're totally and permanently disabled
- Distributions made on or after the death of the plan participant or contract holder, and
- Distributions made after your separation from service and in or after the year you reached age 55
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