Are retirement funds ''protected''?
With respect to the collection of a lawsuit judgment,
Is a lump sum refund of money contributed to a company retirement program a 'protected' asset?
Does it matter that the person receiving the lump sum payment isn't the retiree, but the beneficiary of a deceased retiree?
Asked on 4/07/06, 5:33 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Are retirement funds ''protected''?
If it's your retirement fund, a fund for when you retire, it's protected. If it's a lump-sum payment from someone else's retirement fund, and you haven't rolled it into your retirement fund, it's fair game.
Answered on 4/07/06, 5:47 pm
