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-   -   Can the IRS attach or garnish my IRA (https://www.askmehelpdesk.com/showthread.php?t=503328)

  • Aug 30, 2010, 04:09 PM
    Cordova
    Can the IRS attach or garnish my IRA
    My creditor is a bank. I need to set up an IRA in order to roll over a retiree benefit lump sum. Can my creditor attach or garnish my savings in the form of an IRA?
  • Aug 31, 2010, 06:43 AM
    stevetcg

    Depends on what state you live in and the purpose of the garnishment (possibly)
  • Aug 31, 2010, 07:47 AM
    ScottGem

    In your subject you ask if the IRS can attach an IRA and the answer is generally yes.

    But another creditor generally can't.

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