Can creditors go after a SEPP IRA account?

[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by Sandra (205.188.209.144) on December 09, 2003 at 18:22:09:

I live in NY. My employer has a SEPP IRA (simplified employer pension plan) plan and it appears that I have no choice (as an employee) in whether or not I want to participate. My employer must, by law, contribute on my behalf.

The question is: Can OC's and/or CA's seize the money in that account?

Thank you.

Sandra

Follow Ups:

Thanks to all - WHY CHAT where can I read about NY exemptions? Sandra 12/09/03 (0)
Re: Can creditors go after a SEPP IRA account? CAK 12/09/03 (0)
Re: Can creditors go after a SEPP IRA account? WHY CHAT 12/09/03 (0)
Re: Can creditors go after a SEPP IRA account? pritisimple 12/09/03 (5)
- Re: Can creditors go after a SEPP IRA account? CAK 12/09/03 (3)
  - CAK - thanks. Sandra 12/09/03 (0)
  - Re: Can creditors go after a SEPP IRA account? CAK 12/09/03 (1)
  - Re: Can creditors go after a SEPP IRA account? Sandra 12/09/03 (2)
- Are you sure? I asked a few banks and Sandra 12/09/03 (0)

Post a Followup