Frequently Asked Question
Are my IRAs secure against possible liens?
Your IRA is protected from bankruptcy up to $1 million. However, in all other cases, state law determines whether any protection exists and the level of protection.
It is best to consult with a local attorney to determine the types of protection offered in your state.
To learn more, see Bankruptcy Protection For Your Accounts and Build A Wall Around Your Assets.
Question answered by Denise Appleby, CISP, CRC, CRPS, CRSP, APA
It is best to consult with a local attorney to determine the types of protection offered in your state.
To learn more, see Bankruptcy Protection For Your Accounts and Build A Wall Around Your Assets.
Question answered by Denise Appleby, CISP, CRC, CRPS, CRSP, APA
by
Denise Appleby
Denise Appleby is founder and owner of Appleby Retirement Consulting,which provides technical consultation, content, coaching, writing, editing and training services on related topics.
With more than 14 years of experience in the IRA and defined-contribution plans fields, Appleby has held several senior retirement-plan related positions with Pershing LLC, which included vice president of plans products and services, retirement plans manager, trainer, training manager, compliance consultant, technical help desk manager and writer.
With more than 14 years of experience in the IRA and defined-contribution plans fields, Appleby has held several senior retirement-plan related positions with Pershing LLC, which included vice president of plans products and services, retirement plans manager, trainer, training manager, compliance consultant, technical help desk manager and writer.
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