Archive for January, 2008
Supreme Court Rules That Creditors May Not Seize IRA Assets in Bankruptcy Proceedings
In a huge victory for managed and self-directed IRA owners everywhere, the U.S. Supreme Court ruled last week that IRAs receive Federal Creditor Protection. This means that creditors cannot seize assets in an Individual Retirement Account. The Supreme Court ruled unanimously that IRAs should join pensions, 401(k)s, Social Security and other benefits tied to […]
