Can The Irs Levy A Retirement Plan? 
The Internal Revenue Service under IRC Section 6331 has the authority to seize retirement accounts to satisfy federal taxes owed by plan participants in specific scenarios . In general terms , the IRS will mail Forms 668-W or Forms 668-A , which is a notice of levy , to the retirement plan administrator to seize assets . It is extremely important to engage a tax attorney or enrolled agent to represent your interests in a dispute with the Service . 