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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Bankruptcy Law
Satisfied Customers: 17192
Experience:  B.A.; M.B.A.; J.D.
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Under chapter 7, is my 401k valued at $200,000 , my defined

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Under chapter 7, is my 401k valued at $200,000 , my defined benefit pension from teamsters that i'm vested in but not drawing yet and my roth IRA valued at $40,000 considered exempt property in nevada ? Thanks for any help you can provide.
Yes, both the 401k and Roth IRA would be considered exempt. See Nevada Revised Statutes section 21.090(1)(r), 286.670; 21.080; 21.100.
Customer: replied 7 years ago.
does that exemption include my defined pension from the Teamsters that I am vested in but not yet drawing?
Than ks

Yes, sorry about that. I thought the 401k was also your pension. See NRS section 21.090(1)(r):


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