Quote:
Originally Posted by masraum
Yeah, I understood everything above, and my question is concerning the $200k that goes above the various insurance policies, what can be forced out of you to have that paid?
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Not 401k,
Maybe IRA, depending on state laws and how it was funded.
401k funds rolled into an IRA are protected at the Fed level from bankruptcy but not lawsuit.
Your State may have it's own rules on the IRA depending on where the funds came from. It may protect them if the funds came from a retirement investment.