Applicability of Tax Levies to Thrift Savings Plan Accounts
Date of Issuance:
Headnotes
Thrift Savings Plan accounts are subject to federal tax levies under sections 6331 and 6334 of the Internal Revenue Code, notwithstanding a statute that, standing alone, would protect such accounts from “levy” except as expressly provided in that statute.
Updated February 2, 2021