Where a debtor argued that his interests in his ex-wife’s individual retirement account and 401(k) were exempt as “retirement funds,” the bankruptcy court properly disallowed the exemption because his interest had not been transferred to an account in his name, ...

Tagged with: exemption Retirement Funds

How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90 percent or 95 percent. The average 401(k) did indeed hit a record last year, although its growth was ...

Tagged with: 401(k) IRA President Donald Trump Retirement Funds retirement investments S&P 500

How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90 percent or 95 percent. The average 401(k) did indeed hit a record last year, although its growth was ...

Tagged with: 401(k) IRA President Donald Trump Retirement Funds retirement investments S&P 500

In his divorce proceeding, debtor was awarded one-half the value of his ex-wife’s retirement accounts. Debtor took no action to obtain title or possession to the accounts. However, debtor claimed an exemption for the accounts as retirement funds; the bankruptcy ...

Tagged with: Bankruptcy Claimed Exceptions Interests in Former Spouse's Accounts Retirement Funds

Where debtor's interest in retirement accounts merely resulted from a property settlement, funds in the accounts were not retirement funds exempt under federal law from bankruptcy proceeding as the exemption was limited to the individual who created and contributed funds ...

Tagged with: Bankruptcy Claimed Exceptions Interests in Former Spouse's Accounts Retirement Funds