How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Roger Your Own Question
Roger, Attorney
Category: Bankruptcy Law
Satisfied Customers: 30897
Experience:  BV Rated by Martindale-Hubbell; SuperLawyer rating by Thompson-Reuters
Type Your Bankruptcy Law Question Here...
Roger is online now
A new question is answered every 9 seconds

When a person has an ira account that was rolled over from

This answer was rated:

When a person has an ira account that was rolled over from a 401 k and is held by fidelity it protected if bankruptcy is filed??Thank you.

Virtually all pensions and 401K savings plans that are qualified under ERISA, the federal pension savings act, have an anti alienation clause that excludes them from the bankruptcy estate.


Thus, this money is protected if bankruptcy is filed and cannot be used to pay creditors.

Roger and other Bankruptcy Law Specialists are ready to help you

Related Bankruptcy Law Questions