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Old 10-18-2007, 10:11 AM   #1 (permalink)
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BAPCPA expands protection of retirement assets

Increased protection for IRA’s and 401(k) loans is one of the only bright spots in the bankruptcy “reform” act that became effective two years ago.* Debtors anywhere now can have up to a million dollars in an IRA that is exempt from claims of creditors. Mandatory retirement contributions are an allowable deduction for over median income [...]

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