Incarceration
If a person is incarcerated, in IL, are Roth IRA’s protected from being taken from the state? I was told some states provide protection while others do not.
If a person is incarcerated, in IL, are Roth IRA’s protected from being taken from the state? I was told some states provide protection while others do not.
Permalink Submitted by Alan Spross on Wed, 2011-03-16 21:48
According to the attached, an IRA is 100% protected from creditors in IL. But the chart is 4 years old, so you would need to check if there have been any changes to be sure:
http://www.creditorexemption.com/