Inherited IRA Subject to DOL?

The Supreme Court ruled in 9-0 in 2014 (Clark v. Rameker) that an inherited IRA (non-spousal) is not entitled to creditor protection because it is not a “retirement vehicle” any longer and thus not entitled to protection as a retirement vehicle from creditors. Is there any guidance at this point as to whether the DOL Fiduciary Rule applies to inherited IRAs since they have been deemed not to be retirement assets, rather they are inheritance assets? I have looked online and haven’t found anything discussing this topic at all.



I have not heard of any exceptions, and therefore an inherited IRA should be treated in the same manner as an owner held IRA until the DOL indicates otherwise.

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