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Penal |
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Punishable; inflicting a punishment. penal adj. referring to criminality, as in defining "penal code" (the laws specifying crimes and punishment), or "penal institution" (a state prison or penitentiary confining convicted felons). LAW, PENAL. One which inflicts a penalty for a violation of its enactment. PENAL. That which may be punished; that which inflicts a punishment. |
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Does the plan impose a penally on nonqualified distributions in addition to the Federal 10% penalty? |
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