Bankruptcy and a 401K account

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  • susieq
    Member
    • Feb 2006
    • 82

    #1

    Bankruptcy and a 401K account

    ???? is a 401`K account protected from the bankruptcy court? TP is over 55, has terminated from employer, single.
  • jimmcg
    Senior Member
    • Aug 2005
    • 633

    #2
    401(K)'s are fully exempt in the two states that I am familiar with. I would strongly reccomend that you discuss this and any other bankruptcy planning issues with a local bankruptcy attorney.

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