How Safe Is Your Pension? Creditor Protection For Retirement Plans And IRAs

• Published in: The Practical Tax Lawyer Vol. 22; no. 2; p. 33
• Main Authors: Naegele, Richard A, Altieri, Mark P
• Format: Trade Publication Article
• Language: English
• Published: Philadelphia American Law Institute 01.01.2008
• Subjects: Bankruptcy Abuse Prevention & Consumer Protection Act 2005-US; Bankruptcy claims; Bankruptcy laws; Compensation plans; Deferred compensation; Employees; Employers; ERISA; Federal court decisions; Pension plans; Personal bankruptcy; Retirement income; Retirement plans; SEP; State laws; Tax exemptions; Taxation; United States > US

The Bankruptcy Abuse Prevention and Consumer protection Act of 2005 (BAPCPA) brought much-needed clarity to debtor and creditor rights relative to retirement assets in a federal bankruptcy proceeding. Before the BAPCPA, debtor and creditor rights with regard to such assets were in a state of great c...