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Old 03-30-2015, 07:06 PM   #21
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Assets in ERISA retirement accounts would be noncollectable. Pensions would be noncollectable.
Social Security would be noncollectable. IRAs in many states would be noncollectable.
A question about how this would work -- once you receive a withdrawal from your retirement account or SS into a bank account, does the money remain non-collectible?
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Old 03-30-2015, 07:25 PM   #22
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A question about how this would work -- once you receive a withdrawal from your retirement account or SS into a bank account, does the money remain non-collectible?
I am not an asset-protection attorney or anything like that, but my understanding is that once the funds leave the retirement account (ie they are sitting in a regular bank checking account), they no longer enjoy the protections and are thus now collectable.

-gauss
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Old 03-31-2015, 03:28 AM   #23
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maybe we should call it "YOUR-FAULT " insurance .
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