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Full Version: how to find out if Roth IRA's are protected from creditors in my state

BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs

tonys

Dec 1 1999, 01:11 AM

I need to know if Roth IRA's are protected from creditors in North Carolina. How can I find out?

Michael Devault

Dec 1 1999, 10:01 AM

Here's a couple of ideas for you to try.

1. Check the North Carolina statutes regarding bankruptcy. They may be on the state's website.

2. Consult with a local attorney on the matter. Or, if you can get a bankruptcy judge to return your call, ask him/her.

Good Luck!!

Dec 1 1999, 11:08 AM

Try the Investment Company Institute site. They have by state information on IRA creditor protection. I believe it includes Roth IRAs, too. The site is ici.org

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