If your savings are in a 401(k) account, they are protected from all forms of creditor judgments.

Discussion in 'Taxes and Accounting' started by Sotnis, Sep 16, 2015.

  1. Sotnis

    Sotnis

    There are two exceptions: first, federal tax liens imposed by the IRS; second, judgments against individuals who had administered an employer-sponsored plan for embezzlement of the plan or a fiduciary breach against it.

    http://www.wsj.com/articles/SB124181801239401917
     
    #1     Sep 16, 2015
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  2. emg

    emg





    Gone
     
    #2     Sep 16, 2015
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