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Reply to "Are Retirement Funds Protected from Lawsuits?"
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[quote=Anonymous][quote=Anonymous]Btw whether anyone could or couldn't attach retirement savings is moot. You can be hit with a judgment of any amount regardless of your ability to pay. They can garnish future wages. [/quote] While this is technically true, as a practical matter no one is going to go through the cost of litigating to get at assets beyond the insurance policy limits unless they have a basis to believe they'll actually be able to recover the judgment. If OP is retired so there are no wages to garnish and OP doesn't have significant accounts to which a judgment could attach, an injured party is unlikely to pursue OP beyond policy limits.[/quote]
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