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Yo, Truckbad.

<< And if I'm not mistake IRA's are grouped with other retirement accounts and protected during backruptcy and other legal proceedings (i.e., being sued).>>

Not really. Remember that an IRA is NOT a qualified retirement plan under ERISA. It surprises many that there is nothing in Federal Bankruptcy law to shield IRAs from creditors. Many States do, but many do not. It's strictly up to the individual States, so it really depends on where you live.

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