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Can you garnishment monthly retirement income from the Arizona State Retirement System?
Wiki User
∙ 11y ago
My direct deposit funds in a account set up with ASRS funds only have been ceased from Bank of America for a judgement debtor in civil court. I discontinued direct deposit to B of A of ASRS. ASRS can issue me a debt card with my monthly pension funds but it is linked to B of A. Will B of A still be able to take funds or garnish this debt card originating from ASRS and having only money from ASRS.
Wiki User
∙ 11y ago
Yes, under certain circumstances, it is possible for the Arizona State Retirement System to be subject to garnishment. However, federal law protects a portion of retirement income from being garnished to ensure that retirees can meet their basic living expenses. The exact amount that can be garnished will depend on the specific circumstances of the case.
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