Retirement Plan Seizure

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Retirement Plan Seizure

Pre-Approval in 10 minutes Call Now!!

  • How Much Do You Owe?

  • How Much Do You Owe?

Text or Call Now

Call Now

Live Agent In Seconds

Retirement Plan Seizure

Can the IRS levy or garnish the money in your 401(k) Retirement Account?

Well, that depends on your retirement plan’s rules and regulations regarding your accessibility to your retirement account and each taxpayer’s personal situation.  Generally, according to Internal Revenue Manual (IRM) 5.11.6.2 and Internal Revenue Code (IRC) Section 6334, if you can access your 401(k), SEP IRA, Keogh or IRA retirement account so can the IRS, by issuing IRS Form 668(A) Notice of Levy to the administrator of your retirement account instructing the administrator of your retirement account to seize funds from your retirement account up to the amount of a tax debt owed and send to the IRS!

If your retirement account does not allow you to access the funds in your employer sponsored retirement account until you have first obtained a vested interest in the funds within your retirement account, or you have first separated service from your employer, or until you have retired, or until you have become disabled or have died prior to having retired, then the IRS cannot access your retirement account either.  Marital status could also have an affect on how much, if any, of your retirement account the IRS can have access to.

Even if you have access to your retirement account, if you have to access your retirement account in order to pay for some or all of your necessities of life, either because you are retired or disabled or otherwise have lost your means of support, or to pay for ongoing medical care due to a chronic medical condition, such that your retirement account can be classified as an income source rather than as an asset, the IRS may not be able to levy your retirement account.

Is your 401(k) or SEP IRA or Keogh or IRA safe from IRS seizure?  Coast One Tax Group is a group of resolution specialists – attorneys, accountants and Enrolled Agents.  My colleagues and I work hard to obtain the best tax resolution (settlement) possible for our Clients!  Call or text or email Coast One Tax Group now for a free consultation on how Coast One Tax Group can help you to protect your retirement nest egg from an IRS seizure!

4.8 out of 5 star

10 reviews

Jess T.
2019, July 30, 5:31 pm

Coast one Financial saw my family through

Coast one Financial saw my family through our entire settlement to the end! They did everything they promised, and got us a major settlement savings! My husband and I can\'t thank them enough!

snifflepuff13
3 month, 12 hr, 44 m ago

Coast one helped me out when I was up against the IRS

Coast one financial group helped me out when I was up against the IRS with a debt of close to $15,000. My ex husband left me in a bad place financially having lied on our last joint tax return. I also had some health issues that kept me from paying my taxes and instead paying for health insurance. Coast one handled all correspondence to and from the IRS as well as kept in touch with me throughout the whole experience. I settled for pennies on the dollar and can now resume my life tax debt free. I\'m so grateful for their help.

Donna S
3 month, 12 hr, 55 m ago

Coast one save me $34,000 in *** tax debt

Coast one save me $34,000 in *** tax debt the entire team worked me to get all info need for my settlement. I saw advertisement on tv for Coast One and had no I dead they could help me. We settled $440 great job guys!!!

Julie Churchill
2019, May 15, 1:43 pm

I was very happy

I was very happy with all people and quick responses. I would highly recommend this company

Cindy L
2019, May 3, 1:32 pm

My husband and I had about $40,000 in tax debt

My husband and I had about $40,000 in tax debt from some difficulties we had experienced a few years ago. The *** refused to make payment arrangements with us after we’d broken our past agreement following a job and personal losses. We’d seen these tax relief advertisements but wondered if it would work for us. I got an offer to help us by Coast One Financial Group.. I called them and left a message. An attorney called me back and asked if he told me for a few thousand (about $3000 I think) I he could help eliminate $10’s of thousands of dollars of *** debt. I said i’d Love to but didn’t have enough to pay them. He offered us a payment arrangement that we could afford and we did it. We ended up paying the *** $259.00 in exchange for eliminating $40900 of tax debt. We got the letter this week that our tax lien will be lifted within 30 days. This year we filed our taxes and paid them in full! What a relief and burden was lifted thanks to Coast One Financial and their attorneys. I would recommend them to everyone. They are amazing!

Reply from Coast1Tax :

2019, May 3, 1:32 pm

Thank you!

stephen k
2019, May 2, 1:59 pm

will tell many people to call

was very happy with the outcome will tell many people to call coast one for help and thank you.

Reply from Coast1Tax :

2019, May 3, 1:59 pm

Thank you!

Reginald G
2019, April 3, 2:00 pm

Coast One is the best hands down

Coast One is the best hands down, I would recommend Coast One to anyone who has any *** trouble. Everyone have had the up most respect for me situation and took time to walk me through it every step of the way until things was resolved properly. My hat goes off to the whole team. You guys rock

Reply from Coast1Tax :

2019, April 3, 2:00 pm

Thank you!

Cynthia K
2019, March 25, 2:01 pm

JUST AWESOME!!!

JUST AWESOME!!! COAST ONE FINANCIAL, SAVE MY LIFE, FROM ***** FOR YEARS I WAS AFRAID PAYING, MONTHLY PAYMENTS, BUT NOW I DON\'T WORRY ANY MORE FROM 30+ THOUSAND TO 3 THOUSAND DOLLARS IS AWESOME, AWESOME. THANKS, SO MUCH THEY DO WHAT THEY SAY THEY WILL DO. BELIEVE!!!!!! THANK YOU SO MUCH!!!!!!!

Reply from Coast1Tax :

2019, March 25, 2:01 pm

Thank you!

Ranting with Reg Hollywood
2019, January 15, 1:46 pm

step by step guidance

Thank you so much for your patience and step by step guidance, You guys are great and would recommend anyone who have a IRS problem to you guy. Thanks a million you guys rock. I appreciate everything you\'ve done

S. Atika
2018, August 30, 1:47 pm

I owed $44,000 and walked away paying $123 NO JOKE!

Coast One allowed me to have peace again. I was in debt over my ears and saw no way out. With a little time and patience they took me out of debt and gave me my life back. I owed $44,000 and walked away paying $123 NO JOKE! Thank you to the amazing team at Coast One!

Reply from Coast1Tax :

2018, September 1, 1:47 pm

On Behalf of Coast One, we thank you!

Owe $10,000 or more in Back Taxes?

We offer the following services:

  • Tax Resolution
  • Tax Preparation
  • Tax Negotiation
  • Tax Lien Withdrawal
  • Tax Audit Representation
  • And More...

If you owe $10,000 or more in back taxes to the State or IRS, the team of tax experts at Coast One Tax Group is here to help.

Play Video

A 10 Minute Call Could Save You 93% Or More!

Owe $10,000 or more in Back Taxes?

We offer the following services:

  • Tax Resolution
  • Tax Preparation
  • Tax Negotiation
  • Tax Lien Withdrawal
  • Tax Audit Representation
  • And More...

If you owe $10,000 or more in back taxes to the State or IRS, the team of tax experts at Coast One Tax Group is here to help.

Play Video

A 10 Minute Call Could Save You 93% Or More!