Assets in an IRA and/or Roth IRA are protected from creditors up to $1,362,800. All assets held in ERISA plans are protected from creditors even after they are rolled over to an IRA. In the case of federal debts, such as unpaid taxes due to the IRS, your IRA can be seized or garnished to satisfy the debt, just as with any other asset.
Are there legal protections from creditors for account funds? Print
Modified on: Tue, 28 Dec, 2021 at 1:25 PM
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