Retirement Funds for Pet Care

IRS denies request
By Karen B. London PhD, June 2011

Tank was diagnosed with cancer. When his guardian, Victor Mills, attempted to withdraw money from his retirement plan to pay for treatment, the request was denied. Withdrawals for certain types of emergencies are allowed, but the American Bulldog’s cancer was not considered a qualified “unforeseeable emergency.”

Mills says he told his plan administrator that it made no sense that he could have used the money to play for a roof, a furnace or a sidewalk but not a living creature.

He is appealing the ruling with the Internal Revenue Service, though it’s already too late for Tank. He passed away at the end of May.

Karen B. London, PhD, is a Certified Applied Animal Behaviorist and Certified Professional Dog Trainer who specializes in working with dogs with serious behavioral problems, including aggression. She is the author of five books on canine training and behavior.