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Bill, Enrolled Agent
Category: Tax
Satisfied Customers: 3153
Experience:  EA, CEBS - 35 years experience providing financial advice
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Can the IRS levy my IRA account

Resolved Question:

Can the IRS levy my IRA account?
Submitted: 8 years ago.
Category: Tax
Expert:  Bill replied 8 years ago.

Yes, the IRS can levy your IRA. If you are under age 59 1/2 and your IRA is levied then the 10% penalty will be waived.,,id=108341,00.html


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