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    lorelei707's Avatar
    lorelei707 Posts: 2, Reputation: 1
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    #1

    Nov 30, 2010, 03:51 PM
    Can a lien be placed on my IRA if I'm in arrears in child support and not paying now
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #2

    Dec 1, 2010, 07:47 AM
    Quote Originally Posted by lorelei707 View Post
    Can a lien be placed on my IRA if I'm in arrears in child support and not paying now
    Why are you not paying?
    lorelei707's Avatar
    lorelei707 Posts: 2, Reputation: 1
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    #3

    Dec 1, 2010, 09:27 AM
    Unemployment was cut off and just started a new job.
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #4

    Dec 1, 2010, 09:49 AM
    Quote Originally Posted by lorelei707 View Post
    Unemployment was cut off and just started a new job.
    Child support should have been garnished from your unemployment checks. Unemployment isn't a reason not to pay child support.

    If you're starting a new job, odds are that the Child Support office is now going to send a letter to your employer ordering them to withhold so the money gets taken out before you ever get to see it.

    If you're into arrears far enough, they'll order an intercept of your tax refund and take the arrears out of there and then send you the balance.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #5

    Dec 1, 2010, 12:48 PM
    Depends on the state you live in. Some states have laws to protect your IRA from creditors, but others don't. Unlike 401(k) palns, IRAs are not covered by ERISA, so there is no federal shield against creditors.
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