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Financial Planning / Foolish 401(k)s

URL:  https://boards.fool.com/kshimizu-you-wrote-2-401k-is-protected-from-18176162.aspx

Subject:  Re: Should I rollover my 401k Date:  11/19/2002  5:34 PM
Author:  joelcorley Number:  15560 of 26309

kshimizu,

You wrote, 2. 401k is protected from creditors.

Many states protect IRAs from creditors as well. Check the following website for the specifics in your own state: http://www.ici.org/issues/99_state_ira_bnkrptcy.html

- Joel
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