Early distribution
See: Premature distribution
Early Exercise (assignment)
The exercise or assignment of an option contract before its expiration date.
If you need to take early distributions, learn under which circumstances you won't suffer expensive consequences. Taking Penalty-Free Withdrawals From Your IRA
Left with no alternative but to take money out from your retirement savings?
As above-mentioned, failure to use the plan on qualified educational expenses usually means a 10% early distribution penalty and income tax charges. These penalties are only waived if any of the following conditions are met: ...
 See also: Retirement, Investment, Stock, Distribution, Holder
  
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