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| New Bankruptcy Law -- Good News for Tax Exempt Retirement Plans and Participants Ice Miller  Apr. 21, 2005 Excerpt: The new bankruptcy law, signed by the President on April 20, 2005, provides broad protections for benefits under tax-exempt retirement funds. Basically, here is how the law will operate: The new bankruptcy law will effectively pre-empt states from opting out of the 'federal exemption list' relating to 'tax-exempt retirement' funds. |
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