Then select either: Cash out my bet. With Bet365 Partial Cash Out, you can select the exact amount you want to cash out. If you Cash Out 50%, you take a £275 payment and leave £5 to run on the bet. A bettor can take partial winnings if a wager looks good early but doesn’t seem as though it will end with a win. A debtor disputes a debt with a creditor and offers a check for a lesser amount in full settlement of the debt. Betfair Cash Out allows bettors to achieve a profit or loss before an event has finished. In most cases, lenders are more than willing to work with you so. The sportsbook pays you the cash out offer, and your bet is closed. This feature is a valuable. If you don’t have enough money for a particular month, you should make a phone call or send an email to your lender. Using the cash out value wisely, you can employ partial cash out to secure your winnings while keeping a portion of your bet active. Partial withdrawal refers to cashing out part of a life insurance policy, at which time the policy will stay in force (i. Before the event takes place, if the odds are the same, the cash out value might be £19. If you request a full ACATS transfer, RHC will automatically liquidate any crypto holdings and RHF will transfer the cash proceeds to the outside brokerage in a residual transfer. Whenever cash is received, debit Cash. What does “funds on hold” mean? Funds on hold is the local currency value of any recently added cash and any crypto purchased with that cash, that is held for a specific amount of time. If you try to cash out the plan before the age of 59 1/2, the funds removed will face income tax. 2. BUSR: Excellent odds for horse racing. Because of its cash value, a permanent life insurance. Examples of disbursements include money paid out to run a business, cash expenditures, dividend payments, the amounts that a lawyer might. As the name implies, a no cash-out refinance does not allow the borrower to walk away from closing. Once you click the Cash Out button, the chosen stake will be settled & the remainder of the bet will be retained at the starting odds. However, returning a claims payout or a partial payout won’t help return your homeowners. Part of the winnings are paid out into your Bet365 account, and part of the stake remains on the selected bet. What does Partial Authorization mean?. Partial pay refers to a payment that is less than the full amount owed. William Hill cash out. Meaning of Partial Payment. Established in 2019. Using this feature, you could decide to cash out just a part of your returns, and leave the rest running. The IRS dictates that your age impacts your withdrawals from your 401 (k). Step 1: Make sure a cash out is available. If a partial payment occurred, the POS must notify the merchant, and then provide. Split payment is a multi-payment method that either involves multiple. By cashing in part of your returns. On this page, we ask, what does cash out mean? As known from:Handle partial payment issues. must indicate whether partial shipments are allowed or not allowed. 83. This works in exactly the same way as normal cash out bets, but rather than cashing out the entire bet, you can. g. On a betting exchange, you can perform full cash out or partial cash out. After all, you simply need to open the site on your computer and follow these steps to cash out a bet: Sign in to your cash-out account. If you’ve placed a single bet on a horse race, football match, golf tournament, or lots of other sporting events, some bookmakers may also offer you an in-play cash out option. Some bookmakers have taken a step even further by offering partial cash out as well. In general, the older you are, the less time any money you invest has to grow, so the less upside there is in taking a lump sum. Another major difference between total disability. 5-1. To do so, simply locate the bet you wish to partially Cash Out and click on the slider icon. Cash-out is a part of in-play betting that allows you to make a profit from your bet before the event you have a stake in has finished. screenshot taken on 20. Universal life insurance is type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element (like whole life insurance), which is. To cash out part of your bet, select the box that reads “Partial Cash Out”. In full cash out, you will request the whole amount. Having bet £20 at 25/1, you may cash out half of your stake (£10) at some point in the second half for a return of £20. Partial Claim. The market is suspended temporarily due to match incidents and market suspension. In our data set with 162,360 terminating employees covered by 28 retirement plans, 41. Step 2: I have logged in my account. STEP 1: Complete and submit necessary forms to TRS. You may call the BEP’s toll-free number (866) 575-2361, to obtain information on a mutilated currency claim. The logistics of betting and laying allowed punters to cash-out for the first time. It's your call. 6. 1. Call us. To access funds in your retirement account, you'll need to qualify through one of the following measures: Reach age 59 1/2. A new message will appear. With Partial Cash Out you have the ability to take out some of your winnings and leave the rest to run. For example, the same ticket paying only cash costs $466. | Meaning, pronunciation, translations and examplesPartial-out definition: (mathematics, in a system of multiple variables) To remove one variable (by giving it a fixed value) in order to identify any correlation between others. Choose or enter an amount and click Continue. Always remember to Bet the Responsible Way. You’ll pay closing costs for a cash-out refinance, as you would with any refinance. On the few weeks in between with no stimulus and the last 2 weeks (which are still in limbo) it says total payment. Mine says partial check only for weeks that a stimulus is added. Thanks ‼️. The goal is to be assigned and acquire the stock below today's market price. 2. Immediately after receipt, the mortgage holder sends the owner a letter notifying them: the mortgage is still in default;In a rate-and-term refinance, you exchange the current loan for one with better terms. Cash-out is a part of in-play betting that allows you to make a profit from your bet before the event you have a stake in has finished. 2. 4 Move the cursor to partial cash out . Most betting platforms offer two categories of cash out: full (auto) and partial. Partial Cash Out is a PointsBet exclusive feature, giving bettors a third option to take some cash and still enjoy “the sweat. The property. BetUS – One of America’s Longest-serving Cash Out Betting Site. Cashout. However, the new loan balance will be higher than the original because of the funds disbursed and any closing costs not paid upfront. Pressing the Cash Out button against an eligible unsettled bet in ‘My Bets’ will immediately process the settlement of your bet at the Cash Out amount displayed. The POS must examine the payment response and see if an issues. Alternatively, you can avail of a partial cash out, clicking the green ' slider ' button next to the ' Cash Out ' button presents a slider for you to scale your partial cash out. This is ideal for bettors who. A partial surrender will also limit the amount you’ll pay in surrender charges. As you move the slider, you’ll notice the cash-out value will change. Liquidity. However, the owner does not tender all delinquent installments and foreclosure charges required to reinstate the loan and rescind the NOD. Quick Facts. In summary, cash out suspended is usually a temporary state on DraftKings and does not affect your bet itself. Partial Cashout allows you to cash out in 9% increments, with the minimum Cashout value being 9% of the total offered and the maximum value being 90% of the total offered. 01/12) x 3 = $5 penalty. This is especially useful if the game or event is not going your way. If you accept the given amount, click the ‘Cash Out’ button. Cash value life insurance is a type of permanent life insurance that includes an investment feature. You cashed out at 1-1, so technically you’re a winner. Simply click on the little cog icon on the cash out button, this will bring up the details. Partial Cash Out. does not mean that lower-income commuters are more likely to be offered free parking. People have many options when it comes to securing their loved ones' futures in. It is found at the uppermost part of my dashboard. This means your new mortgage would be worth $160,000 – the original $140,000 you owed on the home plus the $20,000 you need for renovations. 4, you will get £28. i signed up for direct deposit but did not receive it in the bank. The formula for calculating a partial cash out offer is the same, but instead of your full stake, you put the amount you want to withdraw. If you have received a check from your insurance company, consider consulting a lawyer before cashing it. app/account. Fractional Share: A fractional share is a share of equity that is less than one full share. 1 day ago · Illustration: Ryan Gillett/The Guardian. For 3-month to 17-month certificates: Up to 90 days of dividends. Partial cash-out. 3. So, if you have a bet with a Cash Out value of £100, you. They’re coming to the last fence and both of them are still in with a shout – along with one more. Partial cash out feature. Replacing your personal contents—or even worse, your home—on an actual cash value or depreciated basis leaves you at a loss, compared to replacement-cost settlements. This means that with Cash Out, you could guarantee yourself a profit, but also have half (or a percentage) of your bet running until completion offering you the chance of a greater return. A Single Bet has 10 possible times to use Partial Cashout and a Multiple Bet has 5 possible times to use Partial. Split Payment: A means by which payment for a single order of goods or services is made using more than one payment card. An annuity withdrawal is when you remove some money from your annuity, similar to how you would with a checking or savings account. It's that simple . Assets that can be divested. You’ll either make a profit, or get a portion of your initial bet back, depending on how your selection is doing at the time of your taking up the Cash. Current loan balance. For 2-year to 5-year certificates. I've tried adding the smallest additional transaction to the match and then clicking Resolve and adding a transaction back into Payments to Deposit, but this then shows. 3. When you feel the time is right, tap “Cash Out”. ) The five-year period can be extended for very large balances (an indexed amount currently over $1 million); the examples below assume smaller account balances. partial out. This is in contrast to the standard method of cashing out, where your entire bet is settled instantly. Similarly, a bettor can cash out early. Cash-Out essentially allows you to ‘take it while you can’ in betting terms and is a popular. You can cash out whenever you want, up to 6 times* a day, as long as you have at least $1 in available earnings. On the other hand, a total disability is a disability that would make it impossible for a worker to perform any of their required job duties. William Hill Partial Cash Out. Click the cash-out feature at the opportune moment. Cash Out is an easy way to guarantee a profit regardless of the final result or cut your losses at any time. Reviewed by Shannon Martin, Licensed Insurance Agent. Cash-Out Shares means the Shares beneficially held by the Cash-Out Sellers immediately prior to the Effective Time and as set forth on Schedule 1. Some bookmakers offer a partial online betting cash out service to their players. Early withdrawal penalty. The IRS does allow some exceptions to the penalty, including:Section 1035 Exchange: The Section 1035 exchange is a tax-free exchange of an existing annuity contract or life insurance contract for a new one. Paddy Power. Cash Out is open to all customers. November 15, 2023 What Does Cash Out Mean in Betting If you’re not sure how your bet will turn out, you can simply cash out and collect some of your profits. When available, you simply need to click the cash-out button next to your bet and confirm your decision. PaddyPower will do all the maths for you. Whenever the price is right, you open your bet and click on the cash out option. Instead, lower-income commuters who are not offered. ’. Cash Liquidation Distribution: The amount of capital that is returned to the investor or business owner when a business is liquidated. In doing so, Bet365 grants you a chance to pick precisely the amount of money you want. Generally, if an employee quits or is laid off, any unvested money is forfeited. Let’s return to our example above – Arsenal leading West Ham 2-0 with a minute to go and the success of a bet balanced on the success or failure of one penalty kick. The market is suspended temporarily due to match incidents and market suspension. The money is in my account because my balance went up, but I just thought it was weird. Contact the trustee of the 401 (k) account to initiate a partial withdrawal. This could be due to a shortfall in your income or a lower credit score than they require for full approval. EveryGame: Amazing live betting section. A company you invested in might send you a check instead of crediting a fractional share to your stock account. On a nonqualified annuity — one purchased with after-tax money — you will only pay the 10% penalty taxes on the interest and earnings on the portion you withdraw or sell. Jan 10, 2006. The minimum partial Cash Out amount must be greater than or equal to 10 times the minimum unit stake for the applicable bet type. Dictionary1. Cash value is a unique feature of a permanent life insurance policy that you can grow and access. On the left, click Money. It is the case where you eliminate the potential loss, but you keep the chance of profit. The partial amount of the invoice that is paid in full at the time of purchase is referred to as a partial payment. “Surrender value” is the amount the insurance company would pay you today if you elected to surrender the policy and cash out. In other words, if you’re covered by a policy worth $25,000, you can’t “cash out” your life insurance and get $25,000. This is a great option if you, for example, are winning a bet and want to get your stake back while leaving the rest of the bet open for a big potential win. The slider can be moved by tapping and holding on the large dot at the right and then sliding left or right. If you envisioned a £35 opt-out, it would only happen if the fluctuating live odds hit that mark. In essence, cashing out means that you walk away from a bet before it’s settled. Here are the steps to Cash Out on Coral: Log into Navigate to Open Bets. The funds come from FHA mortgage premiums. Generally, anyone can make an early withdrawal from 401 (k) plans at any time and for any reason. Min £10/€10 first deposit in a single amount to be eligible for the offer. What partial cash out does is allow a customer to cash out a part of their bet and leave a certain amount of their stake to run. Bettors will usually choose to cash out early from a wager for two reasons. Players can Cash Out a portion of their initial wager while keeping the balance till the end of the game. In a traditional betting setup, the payout is determined at the end of an event after a bet is placed. In essence, cashing out means that you walk away from a bet before it’s settled. Paying premiums could build the cash value and help increase your financial security. Otherwise, if you cash out before 14:00, Monday-Friday. And while most life insurance with cash values allows for loans, there are terms. Instead, you press Partial Cash Our from the My Bets section of Bet365. Betfair offers both full and partial cash-out to punters and, more recently, have been innovative in cutting out almost all suspensions of the football markets on their sportsbook. Many online bettors enjoy live streaming on Bet365, and the cash-out button can fully payout at the time of cashing out, or you can partially Cash. A noun or pronoun can be used between "partial" and "out. However, sometimes. Why would cash out be suspended? If cash out becomes unavailable to you, it is most likely for one of the following reasons: Your cash out value is less than the Free Bet stake you've used, cash out will be available again if the value increases. It also allows you to get some money back from your initial stake if the results are going against your bet. Withdrawing before the age of 59 ½ will probably result in 20% of the withdrawn amount being withheld. 83 Cash Out - Other key terms. Cash Out Overview. This cashout feature offers a flexible alternative for players to exit. You can then set your threshold. Different bookmakers offer different versions of the Cash Out offer and most bigger betting sites now allow you to partially cash out your bet. You can be informed by calculating the offered amount with the maths below; it might be priceless knowledge to beat the bookies. Partial credit guarantees can be applied to loans or other debt instruments issued by private and public sector projects (limited recourse financings), public–private partnerships, corporates, as well as (sub)sovereign entities. Contact the Trustee. To cover the topic adequately, we’ll begin by explaining the actual cash out meaning in. xBet: Most generous sports betting contests. Cashout is subject to a maximum Cashout cap of £50,000 per bet whether cashed out in full or Partial Cashout increments. Just navigate to your account, then > bet history > cashed out. The William Hill Partial Cash Out allows bettors to take early cash-in from a bet with the excitement of keeping some stake in the remaining selections. “Surrender value” is the amount the insurance company would pay you today if you elected to surrender the policy and cash out. If cash out is available, the cash out button will not be greyed out and you can tap on it. transitive verb. If you believe the mutilated currency. But some banks. Partial pay is sometimes called a part payment, a down payment, upfront payment, or an installment payment. Cash Out allows sports bettors the opportunity to get paid for a wager before the result of the event is complete. “The difference between the. Whether or not the put is assigned, all outcomes are presumably acceptable. MyStake: 3+1 bonus bet offer. is not canceled). Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar. Finally, if you accept a partial payment, be sure to. I switched it to debit card last minute bc i knew cash app didn’t take over 10K. 42 an hour. The sportsbook gives you an offer to end your bet. Many or all of the products featured here are from our partners who compensate us. Whether or not that's worth it depends entirely on you. Then move the slider to the desired amount and click ‘Cash Out’. How frequently do you place a bet and then use Cash Out to avoid paying a double margin? Partial Cash Out is a PointsBet exclusive feature, giving bettors a third option to take some cash and still enjoy “the sweat. 2. To Partial Cash Out, simply move the slider to the desired amount and click ‘Cash Out'. Cash Dividend: A cash dividend is money paid to stockholders, normally out of the corporation's current earnings or accumulated profits. e. To get partial cash out, use Bet365’s Cash Out slider and then click partial Cash Out. Some policies will have a surrender fee in the case of cashing out an entire policy, while others may charge fees for partial surrenders. Cash Out allows you to secure a profit or minimize losses before settling, while Partial Cash Out lets you cash in part of your bet. Italian - Italy. Possible cash-out maximum (80% of home value ($240,000) minus loan balance) Likely walk-away cash (minus 3% closing costs) $300,000. Liquidity Event: An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an exit strategy for an illiquid investment. Fractional shares are partial shares of a company's stock. What does partial cash out mean on a bet? The partial cash-out in the betting industry is about the opportunity that you can take out your bet before all the events are ends and. Select the transaction you want to refund. Standard 403 (b) withdrawal. Full cash out means you have ended your bet completely and have cashed out your entire stake. Full cash out means you have ended your bet completely and have cashed out your entire stake. If you have a mortgage in place, the checks your insurance company sends for your dwelling and “other structures” will be payable jointly to you and the mortgage company. William Hill Cashout Key Terms & Rules. Although some types of life insurance policies can be cashed out, doing so might not be in your best interest. DesignerCause4742 • 3 yr. You may work part-time and possibly receive an unemployment benefit for the week. To be able to cash or deposit those checks, you need to find a person at the mortgage company to work with you so you can deposit those checks. All offers are inclusive of stake. com or on the app. ) But, since. Say your kitchen and bathroom. Instead of owning one or more full shares of the stock, you own a portion, or fraction, of one. What does partial cash out mean on Sportybet? A Partial Cashout is allowed when an unsettled bet is a Single or Multiple with one combination. A partial surrender can affect your policy in different ways depending on the choices you made when it was purchased. However, these distributions typically count as taxable income. Partial cash out. You’ll commonly get to use a slider to set how much of your bet you want to cash out. If you want to go for a partial Cash Out on Ladbrokes, you can use the handy slider to set the percentage level of your Cash Out. The upside, if you take the offer, is locking up some profit that is yours to keep regardless of how the score/event ultimately plays out. If a property owner wants to sell part. Rules vary, but this minimum is often set at $5,000. That could mean giving the government $1,000, or 10% of a. Cash value life insurance is a type of permanent life insurance. In simple terms equity refers to your assets minus your liabilities. Click on the Cash Out icon on the preferred unsettled bet. If you have agreed to allow a customer to partially pay an invoice, this can be flagged on the invoice with terms such as: 50% deposit, balance due on delivery. 2. There is also partial cash out on offer from some bookmakers, where you can leave some of your original stake or winnings on the event. The first option will cash out all your bet. There is an expanded list with some of the best online betting sites with Cash Out like Bet365, Betfair, and 888sport, where it’s safe to Cash Out games using the mobile betting app. Select the Partial Cash Out option. Question: Cash dividends are a partial distribution of past earnings. However, withdrawing from an annuity is a more complex process than walking into your bank and using the ATM. Bookies with cash out option are perfect for punters looking to lock in a profit or cut their losses. In general, any callable object can be treated as a function for the purposes of this module. With full cash out, the return is one and the same regardless of the outcome of the event. A life insurance policy’s cash value differs from its death benefit, so cashing out a policy while you’re still alive can yield less cash than expected. Swipe to confirm your cashout. With a partial cash out, you’d withdraw a percentage of your bet, while keeping a part of the original bet still going. I was only able to find partial out in the Shorter Oxford English Dict: partial out v. Consider both your current age and your life expectancy when deciding whether to cash out your pension. Taking loans from the cash value of a life insurance policy can result in a reduction of your death benefit if you don’t repay the loan (or die before the loan is repaid). Let’s take our 3-2 example from earlier. Partial Cash Out is a PointsBet exclusive feature, giving bettors a third option to take some cash and still enjoy “the sweat. government imposes a 10% penalty to discourage preretirement leakage—cash withdrawal from 401 (k) retirement savings before the age of 59. You can, but in most cases, the answer is no, because the moment you cash or deposit the check, it will waive the insurance company from any further liability, thereby terminating any chance of you getting further compensation. In this case, the home is the asset whiles the mortgage with any other debt is the liability. 5 required to receive £10 Free Bet. These include full, partial and auto cashout. Parking Cash Out: The Tax Angle 49. Whenever you are ready to Cash Out, simply hit the yellow button, in the cash out page. If the cardholder didn’t have $28. Typically, you are not taxed for these loans during your lifetime. Have a look at the main advantages: Minimising betting risks for users. The game starts. Betway is one of a few bookmakers that offer a partial cash-out feature. Withdrawing money from a CD early, even if it means triggering an early CD withdrawal penalty, could make sense if you have an emergency situation with no other cash reserves to rely on and you want to avoid using credit. It is a disbursement that corresponds to just a fraction of a given financial commitment. Your WBR and your PBC are added together, and then any earnings you report are subtracted from. William Hill offers Cash Out (Cash In My Bet) and Partial Cash Out (Partial Cash In My Bet) options for single and multiple bets. Partial Cash Out is a betting service that allows users to make some early profit. A bettor can take partial winnings if a wager looks good early but doesn’t seem as though it will end with a win. The maximum number of weeks for a “body as a whole” rating is 300 weeks. So if the Jaguars hold on for the win then you make a $6 profit bringing your total winnings to $10. Let’s use the example above to illustrate all of this. If Chelsea score the penalty kick, you’ll receive £10 to refund your stake, plus £15 in winnings. Cash out is now providing 5/1, which means you can cash out your winning bet and receive £50, confident in the knowledge that you will still win if the game ends with another goal. Cash Out is an online sportsbook feature that allows you to get money back on a wager that has yet to complete. The Cash Out feature is currently only available for selected single bets and straight accumulator bets. Partial Cash Out gives you even more control over your betting. Partial cash out. Working out a reasonable agreement could help you retain a trustworthy tenant, so use your discretion. For example, a worker who has been laid off but found a temporary part-time position would not be considered fully employed, but partially or “underemployed”. 1 Log into your account at Williamhill. This means that you can withdraw just a percent of your initial stake and keep the rest in play. The cash-secured put involves writing an at-the-money or out-of-the-money put option and simultaneously setting aside enough cash to buy the stock. How to Cash out a William Hill Slip. BetUS is a safe, fast, trustworthy, and reliable sportsbook that accepts US players. Click on Cash Out. We will look in more detail at one particular case of partial cash out. In case you are fired, you can cash out your 401(k) plan even if you are below the age of 59 ½ years. 14 th and C Streets, SW. Cash value is the portion of your policy that earns interest and may be available for you to withdraw or borrow against in case of an emergency. . We’ll take you through some simple steps: Log into your William Hill app (or betting account on the web). Enter your required dates and click to display results. A partial cash out offers several benefits for passionate punters – many cannot resist the temptation to use it. Partial Account is an investment account where the investor sets up a certain dollar amount that they can invest each month. 💡 Quick Tip:. It is quite a simple process that can be broken down in 5 steps: You place your pregame bet. How does partial cash out work on Bet365? Partial Cash Out on Bet365 lets you collect some of your winnings while leaving a bit of your stake on. 5 and 1. Let's say you have $5,000 in a five-year CD with a 4% APY. 83. 1 An Eligible Bet can only be Cashed Out once. That stake will be paid after the game. This feature lets punters take their payout early whilst the bet is still live and doing well. Either lock in a profit or limit losses by closing the bet before all events have completed. Actual cash value is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. What does partial cash out mean on Coral? Partial cash out at Coral allows you to withdraw some of your winnings after leaving a bit of your stake. Let’s say you tell the system to cash in half your stake (£10) once the total cash out value reaches £40. A transfer of funds from a registered pension scheme to an insurance company will be a recognised transfer if those funds had been used by the pension scheme to provide either a scheme pension or. If you withdraw money from your 401 (k) before you’re 59 ½, the IRS usually assesses a 10% tax as an early distribution penalty. You can also Cash Out In-Shop bets using the Ladbrokes Grid Card mobile app. Cash Out allows you to take an early payout on your bets before they are settled, meaning you are able to get money back before the event is over and your bet is ultimately resulted. A company undertaking a carve-out is. Life insurance withdrawals are taxable based on your. The Bet365 fully cashed out feature is meant for players who bet at the sportsbook. Place a single or accumulator (Acc) bet on a pre-match or live event. And there’s a withdrawal penalty of three months’ worth of interest. In the 21st century, the punter has more power than ever to make decisions. See also: cash, out. C ash out is the opportunity to settle your bet before the event has ended. The cash out formula is Offered Cash Out Amount = (Total Earnings / Live Odds) x (1 - VIG). ” Partial Cash Out is available in all markets where Cash Out is currently running. In the My Bets section, bets which are eligible for cash out will have a Cash Out bar on them. If a ‘cash out’ feature is available, you will notice a slider icon next to it. Click the Cash Out button and confirm your Cash Out amount. You can simply take money out of the cash value with a withdrawal. After placing a wager, go to the ‘My Bets’ section and look for the cash-out option next to your eligible bet. 1 (b). Paddy Power Partial Cash Out allows you to chose exactly how much of an active bet you want to Cash Out whilst leaving the rest of your stake to run until the final whistle. The good news is, since you have partial approval, you can still get the car loan if you: Save up more for a down. Benefits will be reduced in increments based on the total hours worked for the week. May preserve a portion of your remaining invested cash to keep up with inflation and avoid savings erosion. 2023 at 11:00 CET. 2 An Eligible Bet placed via an Account Channel can only be Cashed Out through the actual Account in which it was placed. Here’s the formula for calculating your withdrawal penalty: Withdrawal amount x (annual interest rate / 12) x number of months’ interest = penalty amount.