Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Liability Protections of an IRA?

Monday, February 22, 2010 - 7:36 AM
Umbrella insurance policies can help make sure a frivolous lawsuit doesn't ruin your life savings. There's often the concern that the umbrella policy may not provide enough coverage. Retirement accounts like annuities and IRAs may offer some protection from this kind of liability. There's an interesting discussion of this topic at this Bogleheads thread.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611