Retirement Plan Distributions The slideshow presentation that you would like to view is too large for your current screen resolution. Click here to view to view the slideshow at full resolution. Launch Presentation » Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Let’s Look Forward A lot can happen in the course of a year. Waddell & Reed WealthLink organizes your financial life. What happens if I withdraw money from my tax-deferred invest Withdrawing funds from retirement accounts before turning age 59 ½ usually triggers a 10% tax penalty Preparing For the Ultimate Vacation Make your retirement as exciting as your next vacation.