Indiana § 6-8-11-11.5 - Withdrawal of money contributed after December 31, 2015
Full text of Indiana Indiana Code § 6-8-11-11.5 — Withdrawal of money contributed after December 31, 2015, with citation guidance and answers to common questions.
§ 6-8-11-11.5. Withdrawal of money contributed after December 31, 2015
Sec. 11.5. If an employer contributes money to an account under this chapter after December 31, 2015, for which no exemption applies under IC 6-3-2-18(c) and for which no exemption or exclusion applies under the Internal Revenue Code at the time of contribution:
(1) the money may be withdrawn from the account by the employee at any time and for any purpose without a penalty; and
(2) the withdrawal of the principal amount contributed by the employer is not income to the employee that is subject to taxation under IC 6-3-1 through IC 6-3-7.
As added by P.L.250-2015, SEC.46. Amended by P.L.122-2016, SEC.8.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 6-8-11-11.5
What does Indiana Code § 6-8-11-11.5 cover?
Section 6-8-11-11.5 ("Withdrawal of money contributed after December 31, 2015") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 6-8-11-11.5?
A common citation format is "Indiana Code § 6-8-11-11.5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 6-8-11-11.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.