Definitions for "early withdrawal penalty"
A fee charged on fixed-term assets if money is withdrawn before a preset maturity...
penalty on money withdrawn prematurely from a fixed-term investment, such as a tax-deferred retirement plan before age 59 1/2.
A common practice in which an early withdrawal incurs a cash penalty or partial or complete loss of tax deferral privileges.
Keywords:  earned, income, credit
Earned income Earned income credit