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Roger, Attorney
Category: Bankruptcy Law
Satisfied Customers: 31692
Experience:  BV Rated by Martindale-Hubbell; SuperLawyer rating by Thompson-Reuters
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When a person has an ira account that was rolled over from

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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.

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