Protecting Assets

Protecting Retirement Plan Assets From Creditors

Question:  I have a significant balance in my employer’s 401(k) plan. Upon my upcoming retirement, I intend to roll over the funds in my employer’s plan to an individual retirement account (“IRA”) which will pass to my children upon my death.  Will the assets in my IRA be exempt from my creditors during my lifetime and from my children’s creditors after my demise?