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Qualified Plan Rollover to IRA, Change to ROTH, Asset Protection?


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  • 3 years later...

I was just browsing the Board and came across this post. I actually addressed this recently in two different settings. Once the assets are moved out of the plan and into an IRA, they lose ERISA protection. Instead, we are now dealing with state law

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The rolled over assets, and any earnings attributable to them, do continue to receive unlimited protection in bankruptcy. Protection for other IRA assets is currently limited to $1.28 million. If possible bankruptcy is a concern, it's usually a good idea to use a separate IRA to track these dollars and their earnings.

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