A free guide for Texas residents. Filed in W.D. Tex..
Yes -- ERISA-qualified retirement accounts (401k, 403b, pensions) are 100% exempt under federal law, regardless of value. This is one of the strongest protections in bankruptcy. Traditional and Roth IRAs are exempt up to $1,512,350 (adjusted periodically). SEP-IRAs and SIMPLE IRAs get the same ERISA protection as 401k plans. Your retirement savings are safe.
In Texas: Texas provides 100% exemption for qualified retirement accounts with no cap.
Courthouse: 615 E Houston St, San Antonio TX.
Yes -- ERISA-qualified retirement accounts (401k, 403b, pensions) are 100% exempt under federal law, regardless of value. This is one of the strongest protections in bankruptcy. Traditional and Roth IRAs are exempt up to $1,512,350 (adjusted periodically). SEP-IRAs and SIMPLE IRAs get the same ERISA protection as 401k plans. Your retirement savings are safe.
Texas provides 100% exemption for qualified retirement accounts with no cap. Filed in W.D. Tex.. Consult a qualified attorney for your specific situation.
615 E Houston St, San Antonio TX.
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