Arbitration, Mediation, and Dispute Resolution

Can you be forced to liquidate a retirement account to settle arbitration over a credit card debt?

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Wiki User
2011-09-12 14:18:57

According to my financial planner, a 401k plan cannot be be

touched in any debt judgment. However in case of divorce your

spouse gets half. As for a standard IRA account I believe this

holds true as well, but I would check with the plans administrator

to be sure.

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