Given a passage and a query based on the passage, generate an unambiguous, concise and simple answer to the query from information in the passage. Note that the answer may not be present in exact form.

Ex Input:
The easiest way to roll over a pension plan is to execute a trustee to custodian transfer. If you are married, company pension plans generally require a notarized signature of your spouse, who will be giving up his/her right to an annuity interest, in order for you to move the money into your IRA. When planning for a rollover, there are several other rules to keep in mind. For example, if you are age 55 or older when the separation from service occurs, you may take your company pension as a lump sum distribution without paying the 10% early withdrawal excise tax. You will be taxed on the distribution as ordinary income. What is a pension? Do I have to do anything to manage my pension? What if I leave my company before I retire? How does vesting work? When can I access my pension money? Can I take out a loan from my pension plan? Should I take a lump-sum payout or monthly payments? What are the advantages of taking a lump sum? Should I invest my lump-sum payout in an annuity? What's the difference between a single-life annuity and a joint-and-survivor annuity? Will I pay tax on my pension payouts? How should my pension affect my retirement planning? While you can opt to tap your 401k at any time you can't collect your pension until you've reached the predetermined retirement age. Nope. While you can opt to tap your 401(k) at any time (though you'll pay a huge penalty to do so before age 59.5), you Not until you reach retirement age. Typically that's 65, though many pension plans allow you to start collecting early retirement benefits as early as age 55. If you decide to start receiving benefits before you reach full retirement age, the size of your monthly payout will be less than it would have been if you'd waited. Ask the folks who run your plan to create a simple table showing you how your payments will vary depending on when you start. However, pension plans are required to withhold 20% of the proceeds if the check is made payable to you. This means in order to roll 100% of your pension distribution into an IRA, you will need to come up with the tax withholding out of your own pocket. Otherwise you will owe taxes on the money you didn't rollover and possibly a tax penalty if you are under age 55. Nope. While you can opt to tap your 401(k) at any time (though you'll pay a huge penalty to do so before age 59.5), you can't collect your pension until you've reached the retirement age determined by your pension plan. Typically full retirement age 65, though many plans allow an early retirement that could start as soon as age 55. If you decide to start receiving benefits before you reach full retirement age, the size of your monthly payout will be less than it would have been if you ... Rick's Insights. 1 Company retirement plans are required to withhold 20% of distributions made directly to a person for income taxes. 2 Distributions from a company plan are not subject to the 10% early withdrawal penalty if you are age 55 and separated from service. Follow the Rules When Rolling Over Your Pension to an IRA Posted on April 24, 2013 by Rick Rodgers Many companies are closing out their pension plans, giving workers the opportunity to roll them over to an IRA or another plan. Each plan's rules vary (check yours to be sure), but you may be able take money out of your retirement account penalty-free before age 59 if you use it for expenses after the onset of a sudden disability, or for unreimbursed medical expenses that are more than 7.5% of your adjusted gross income (10% if you're under age 65). Query: at what age can i pull my pension

Ex Output:
You can pull your pension at the age of fifty nine and half. However if you are age 55 or older when the separation from service occurs, you may take your company pension as a lump sum distribution without paying the 10% early withdrawal excise tax. You will be taxed on the distribution as ordinary income.

Ex Input:
If you want to get your tax refund as soon as possible, forget about paper. The best way to get your money moving in your direction pronto is to e-file your return. But if you don't do it right, electronic tax filing can cause some big problems. Not to worry: DailyFinance is here to help you avoid those pitfalls. If criminals are able to get your name and Social Security number, then they can forge other documents necessary to e-file a tax return and arrange to have your refund sent to them on a prepaid debit card, which can easily be converted into cash for a clean getaway. The best way to get your tax refund fast is to e-file your return. However, if you don't do it right, electronic tax filing can cause some big problems -- problems we want to help you avoid. Here's how e-filing works, and how to get it done right. Refund Processing Time. E-filed tax returns with direct deposit E-file with direct deposit is the fastest way to get your federal tax refund. The IRS states that 9 out of 10 e-filed tax returns with direct deposit will be processed within 21 days of IRS e-file acceptance. Here is a breakdown of IRS processing times, how your tax return will progress through 3 stages with the IRS ("Return Received", "Return Approved", and "Refund Sent" once you e-file), and where you can go to check your refund status. The delay has been bad news for those who've come to rely on early e-filing to speed up their refunds. According to the IRS, nearly 100 million taxpayers chose to e-file their tax returns in 2011, and many of them did so in the hopes of reducing tax-return processing and turnaround time. Refund Processing Time. 1 E-filed tax returns with direct deposit E-file with direct deposit is the fastest way to get your federal tax refund. 2 Mailed paper returns Refund processing time is 6 to 8 weeks from the date the IRS receives your tax return. Refund Processing Time. 1 E-filed tax returns with direct deposit E-file with direct deposit is the fastest way to get your federal tax refund. The IRS states that 9 out of 10 e-filed tax returns with direct deposit will be processed within 21 days of IRS e-file acceptance. Mailed paper returns Refund processing time is 6 to 8 weeks from the date the IRS receives your tax return. Refund Process. Start checking status 24 48 hours after e-file Once you have e-filed your tax return, you can check status using IRS Where's My Refund? You will not be able to start checking the status of your tax refund for 4 weeks if you mail a paper tax return. The difference can be huge, with refunds available in as little as seven days in some cases through direct deposit into your bank account, compared to several weeks for paper returns in many cases. Apart from letting you get your refund faster, e-filing can help you avoid common mistakes on your tax returns. Query: how long to get refund after e-file

Ex Output:
It takes 21 days to get refund after e-file.

Ex Input:
Cell machines have large tool magazines to carry enough tools to do all of the various operations on each of the different parts, large worktables or the ability to change worktables, and special provisions in the controller for data inputs from other CNC machines. Attached to the side of the machine is a magazine of different tools. A transfer arm, sometimes called the tool bar, removes a tool from the machine, places it into the magazine, selects a different tool from the magazine, and returns it to the machine through instructions in the program. The fourth category covers modern machine tools and processes for machining ultrahard metals not machinable by older methods. 1 Machine tools that form parts by removing metal chips from a workpiece include lathes, shapers and planers, drilling machines, milling machines, grinders, and power saws. Modern machine tools cut or form parts to tolerances of plus or minus one ten-thousandth of an inch (0.0025 millimetre). In special applications, precision lapping machines can produce parts that are within plus or minus two millionths of an inch (0.00005 millimetre). The motions that are used in machine tools are called axis, and are referred to as X (usually left to right), Y (usually front to back), and Z (up and down). The work-table may also be rotated in the horizontal or vertical plane, creating a fourth axis of motion. After the advent of the steam engine, material goods were produced by power-driven machines that could only be manufactured by machine tools. Machine tools (capable of producing dimensionally accurate parts in large quantities) and jigs and fixtures (for holding the work and guiding the tool) were the indispensable innovations that made mass production and interchangeable parts realities in the 19th century. Machine tool: Machine tool, any stationary power-driven machine that is used to shape or form parts made of metal or other materials. The shaping is accomplished in four general ways: (1) by cutting excess material in the form of chips from the part; (2) by shearing the material; (3) by squeezing metallic parts to the desired shape; and (4) by applying electricity, ultrasound, or corrosive chemicals to the material. Welding the base. 1 1 The base of the machine is either cast or welded together. It is then heat treated to remove casting or welding stresses and to normalize the metal for machining. 2 2 The ways are ground flat, bolted, and pinned to the base. The controller. 1 5 The computer, or controller, is an electronic assembly separate from the rest of the machine. It has a climate-controlled enclosure mounted on the side of the frame or in an operator's console. 2 6 The assembled machine is test run for accuracy. In particular, machine-driven tools became necessary to manufacture the parts for the machines that now made goods formerly produced by hand. Most common machine tools were designed by the middle of the 19th century. Query: how is made machine tools

Ex Output:
Machine tools that form parts by removing metal chips from a workpiece include lathes, shapers and planers, drilling machines, milling machines, grinders, and power saws.