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The US Supreme Court issued a decision today which grants IRA assets the same protection from creditors afforded to other retirement plans.

One of the few reasons for not rolling 401(k) plans over to IRAs when leaving an employer has been the possible risk of losing the IRA to a creditor in bankruptcy proceedings. Now that the Supreme Court has eliminated that risk, it almost becomes a "no-brainer" that you should take control of your 401(k) assets when you leave a company.


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