N.Y. Comp. Codes R. & Regs. tit. 2 § 151.4
Current through Register Vol. 46, No. 50, December 11, 2024
A penalty shall be withheld, and paid to the trust fund, from any early withdrawal from an account, in an amount equal to ten percent of the portion of the withdrawal constituting earnings, except for withdrawals made as a result of the death or disability of a designated beneficiary or a withdrawal made on account of a scholarship awarded to the designated beneficiary.
N.Y. Comp. Codes R. & Regs. Tit. 2 § 151.4