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No. The only two ways an IRA touchable is by your spouse or the IRS. Debt collectors can bluff and threaten you but don't give in. IRA is as safe as the gold in Fort Knox except spouse and IRS
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Can IRA be seized by a creditor?
No, the are protected by the courts.
Can an IRA be seized for child support in Tennessee?
yes
Can IRA be seized for back child support in Georgia?
yup
Which of these could change a taxpayer's adjusted gross income when filing a federal income tax return?
Student loan interest paid
Can an IRA distribution be seized for back child support in Texas?
yup
Can an IRA account be seized for back child support in Utah?
Yep
Cosigned on auto loan for son while married with high income now divorced with wage of 500 mo no way to make more loan is in default can they take my savings IRA etc?
Cosigning the loan makes you responsible to pay if signer does not. They can garnish your wages and get a court order to garnish bank accounts.
Can an IRA be used as collateral for a real estate loan?
No.
How can I invest in a private investment with my Roth IRA?
The steps for how to invest and also about loan tips with Roth IRA can be found here http://in.truveo.com/personal-investment-loan-tips-roth-ira-vs-cds/id/3338411236
How can an IRA be established?
An IRA can be established with credit unions, banks, savings and loan companies, or with brokerage companies. Any person with income may open an IRA.
Could somebody tell me what is a ROTH IRA?
Roth IRAs are basically a student loan. These are provided to individuals whose total assets exceed $10,000, and are useful for financing college for those who own their own home.
If you lose a civil suit can your IRA account be seized?
In general, IRA accounts are protected from creditors in the event of a civil lawsuit judgment. IRAs have certain legal protections under federal and state laws, although the extent of protection can vary. It's best to consult with a legal professional familiar with the laws in your specific jurisdiction for accurate advice.
