IRS and life insurance question

What is the name of your state? Ohio

I received a life insurance policy benefit directly from the insurance company. They set up an account for me which I can use checks to withdrawal the money.

I owe a old tax bill with the IRS over the amount of the insurance benefit. I realize that I do not have to declare the benefit as taxable but it will earn a small amount of interest which would be taxable which is taxable.

Can the IRS (or anyone else) seize this money? Is there a way to protect it?

Thanks

[Snipes5]

The best way to protect this money is to start paying the IRS. They are much less likely to attempt to seize it if you are trying to make good on your debt to them.

Snipes