A free guide for Arizona residents. Filed in D. Ariz..
Yes -- ERISA-qualified retirement accounts (401k, 403b, pensions) are 100% exempt under federal law, regardless of value. This is one of the strongest protections in bankruptcy. Traditional and Roth IRAs are exempt up to $1,512,350 (adjusted periodically). SEP-IRAs and SIMPLE IRAs get the same ERISA protection as 401k plans. Your retirement savings are safe.
In Arizona: Arizona exempts all ERISA-qualified plans plus IRAs up to $1,512,350.
Courthouse: 230 N 1st Ave, Phoenix AZ.
Yes -- ERISA-qualified retirement accounts (401k, 403b, pensions) are 100% exempt under federal law, regardless of value. This is one of the strongest protections in bankruptcy. Traditional and Roth IRAs are exempt up to $1,512,350 (adjusted periodically). SEP-IRAs and SIMPLE IRAs get the same ERISA protection as 401k plans. Your retirement savings are safe.
Arizona exempts all ERISA-qualified plans plus IRAs up to $1,512,350. Filed in D. Ariz.. Consult a qualified attorney for your specific situation.
230 N 1st Ave, Phoenix AZ.
Related Phoenix Bankruptcy Resources
You May Also Find Helpful