Partner Attorney Patrick Simasko

Supreme Court Ruling on Inherited IRA’s

IMPORTANT PLEASE READ On June 16, 2014 the United States Supreme Court says “NO”; Inherited IRA’s are no longer protected from creditors or BANKRUPTCY. The Supreme Court explained that Inherited IRAs are not really retirement accounts. Unlike traditional Retirement Accounts, beneficiaries are not allowed to contribute additional funds into these accounts, they cannot be rolled […]