When making a distribution from an IRA Account Management Type, you must define the type of distribution.

Distribution Rules

If the client is < 59.5 years old (21,720 days), the redemption will have a penalty attached to it for 10% of the notional value, unless the iraDistribution is QUALIFIED .
If the client is > 59.5 years old (21,720 days) and < 70.5 years old (25,730 days) no penalty will be attached to the redemption.
All penalties and tax withholdings are set on the gross redemption amount.
"QUALIFIED" and "RMD" iraDistribution types are not subject to premature penalties.
A "QUALIFIED" distribution is categorized by the following IRS Guidelines

Defining `iraTaxWithholdings`

DriveWealth allows partners to pass in a tax withholding percent when creating a Redemption request.

All penalties and tax withholdings are set on the gross redemption amount
federalTaxPercentage must be > 0.0001 and < 1

Argument	Type	Description	Required
`iraTaxWithholdings`	object	Object containing tax withholding rates on the IRA	No Only allowed for IRA `accountMgmtTypes`
`iraTaxWithholdings.federalTaxPercentage`	number	Withholding percentage for federal taxes	No Only allowed for IRA `accountMgmtTypes`

See the examples under Create New Redemption.