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Rollover to IRA from qualified plan


Chippy

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Maybe. The rules vary by state, but I think most states these days allow protection of IRA money at a similar level as qualified plans.

Probably something you can Google easily enough.

Kenneth M. Prell, CEBS, ERPA

Vice President, BPAS Actuarial & Pension Services

kprell@bpas.com

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Under the Federal Bankruptcy Code, rollovers to an IRA from an ERISA plan are protected 100%. Contributory IRA's up to $1 million. Absent unusual circumstances, if the IRA is not in bankruptcy, the account's anti-alienation provisions will prevail.

Luke Bailey

Senior Counsel

Clark Hill PLC

214-651-4572 (O) | LBailey@clarkhill.com

2600 Dallas Parkway Suite 600

Frisco, TX 75034

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