Law Offices of Michael J. Berger | Michael J. Berger
Pension plans and IRA accounts are exempt in an amount reasonably necessary for retirement. Assuming that your husband has not been taking money in and out of his IRA and pension plan accounts, and assuming that there are no unusual circumstances that you have not told me about, your bankruptcy filing should not have any effect whatsoever on your husband's IRA and pension plan. For advice that is specific to your situation, please call me.
Answer Applies to: California