Mich. Comp. Laws § 38.40 :: Pensions & Retirement Savings Exemptions : Michigan Bankruptcy Law

Other Michigan Exemption Citations

In re Lindstrom, 331 B.R. 267 (E.D. Mich. 2006) - Real property including condo to $46,125, $69,200 if 65 or older or disabled; property cannot exceed 1 lot in town, village, city, or 40 acres elsewhere; spouse or children of deceased owner may claim homestead exemption. Spouses or unmarried co-owners may not double.
In re Guzior, 347 B.R. 237 (Bkrtcy.E.D.Mich. 2006) - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
In re Spears, 313 B.R. 212 (W.D.Mich. 2004) - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
In re Talbert, 344 F.3d 555 (6th CIr. 2003) - Cannot strip off lien using 506 in chapter 7
In re Sassak, 426 B.R. 680 (Bankr. E.D. Mich 2010) - Michigan has not opted out (Federal exemptions are available) but has enacted a special bankruptcy only exemption statute. However debtors may use other state exemptions as well.
In re Sassak, 426 B.R. 680 (Bankr. E.D. Mich 2010) - Life insurance
In re Raynard, 354 B.R. 834 (6th Cir BAP 2006) - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Baltrusaitis v. Cook, 435 N.W.2d 417 (Mich.App.,1988 ) - Life, endowment, or annuity proceeds if clause prohibits proceeds from being used to pay beneficiary's creditors
But see, In re Olson, 424 B.R. 770 (Bkrtcy.E.D.Mich.,2010 ) - Life, endowment, or annuity proceeds if clause prohibits proceeds from being used to pay beneficiary's creditors
In re Smith, 246 B.R. 540 (E.D. Mich. 2000) - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Vinson v. Dakmak, 347 B.R. 620 (E.D. Mich 2006) - Real property including condo to $46,125, $69,200 if 65 or older or disabled; property cannot exceed 1 lot in town, village, city, or 40 acres elsewhere; spouse or children of deceased owner may claim homestead exemption. Spouses or unmarried co-owners may not double.
Mich. Comp. Laws § 18.362 - Crime victims' compensation
Mich. Comp. Laws § 35.1027 - Veterans' benefits for Vietnam veterans
Mich. Comp. Laws § 35.926 - Veterans' benefits for WWII veterans
Mich. Comp. Laws § 35.977 - Veterans' benefits for Korean War veterans
Mich. Comp. Laws § 38.1057 - Legislators
Mich. Comp. Laws § 38.1346 - Public school employees
Mich. Comp. Laws § 38.1683 - Firefighters, police officers
Mich. Comp. Laws § 38.1683 - Judges
Mich. Comp. Laws § 38.1683 - Legislators
Mich. Comp. Laws § 38.1683 - Probate judges
Mich. Comp. Laws § 38.1683 - Public school employees
Mich. Comp. Laws § 38.1683 - State employees
Mich. Comp. Laws § 38.2308 - Judges
Mich. Comp. Laws § 38.2308 - Probate judges
Mich. Comp. Laws § 38.40 - State employees
Mich. Comp. Laws § 38.559 (6) - Firefighters, police officers
Mich. Comp. Laws § 400.63 - Social welfare benefits
Mich. Comp. Laws § 418.821 - Workers' compensation
Mich. Comp. Laws § 421.30 - Unemployment compensation
Mich. Comp. Laws § 557.151 - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Mich. Comp. Laws § 557.151 - Bonds, certificates of stock, mortgages, promissory notes, debentures, or other evidences of indebtedness hereafter made payable to persons who are husband and wife held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Mich. Comp. Laws § 600.5311 - Head of household may keep 60% of earned but unpaid wages (no less than $15/week), plus $2/week per nonspouse dependent; if not head of household may keep 40% (no less than $10/week)
Mich. Comp. Laws § 600.5451 (1)(a) - Arms & accoutrements required
Mich. Comp. Laws § 600.5451 (1)(i) - Tools, implements, materials, stock, apparatus, or other things needed to carry on occupation to $2,700 total
Mich. Comp. Laws § 600.5451 (1)(a)(vi) - Burial plots, cemeteries
Mich. Comp. Laws § 600.5451 (1)(m) - Real property including condo to $46,125, $69,200 if 65 or older or disabled; property cannot exceed 1 lot in town, village, city, or 40 acres elsewhere; spouse or children of deceased owner may claim homestead exemption. Spouses or unmarried co-owners may not double.
Mich. Comp. Laws § 600.5451 (1)(n) - Bonds, certificates of stock, mortgages, promissory notes, debentures, or other evidences of indebtedness hereafter made payable to persons who are husband and wife held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Mich. Comp. Laws § 600.5451 (1)(c) - Appliances, utensils, books, furniture, & household goods, to $700 each, to $4,625 total
Mich. Comp. Laws § 600.5451 (1)(d) - Church pew, slip, seat for entire family to $800
Mich. Comp. Laws § 600.5451 (1)(k) - Building & loan association shares to $1,175 par value, in lieu of homestead (Repealed 2012)
Mich. Comp. Laws § 600.5451 (1)(a) - Clothing; family pictures
Mich. Comp. Laws § 600.5451 (1)(g) - Motor Vehicle to $4,250
Mich. Comp. Laws § 600.5451 (1)(h) - 1 Computer & accessories to $800
Mich. Comp. Laws § 600.5451 (1)(f) - Household pets to $800
Mich. Comp. Laws § 600.5451 (1)(a) - Professionally prescribed health aids
Mich. Comp. Laws § 600.5451 (1)(l) - ERISA-qualified benefits, except contributions within last 120 days
Mich. Comp. Laws § 600.5451 (1)(k) - IRAs (conventiona, Roth, ed& Roth IRAs, except contributions within last 120 days; limited to tax-deductible contributions for non-Roth IRAs.
Mich. Comp. Laws § 600.5451 (1)(b) - Food & fuel to last family for 6 months
Mich. Comp. Laws § 449.25 - Property of business partnership
Mich. Comp. Laws § 500.2207 - Life insurance
Mich. Comp. Laws § 500.2210 - Employer-sponsored life insurance policy or trust fund
Mich. Comp. Laws § 500.4054 - Life, endowment, or annuity proceeds if clause prohibits proceeds from being used to pay beneficiary's creditors
Mich. Comp. Laws § 500.8181 - Fraternal benefit society benefits
Mich. Comp. Laws § 600.5451 (1)(j) - Disability, mutual life, or health benefits
Mich. Comp. Laws § 600.5451 (1)(n) - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.
Mich. Comp. Laws § 600.5451 (1)(e) - Crops, farm animals, and feed for the farm animals to $3,075
Mich. Comp. Laws § 600.6023a - Property held as tenancy by the entirety may be exempt against debts owed by only one spouse.

50 State Pensions & Retirement Savings Exemptions

Alaska Stat. § 09.38.015 (b) - Elected public officers (only benefits building up)
Alaska Stat. § 09.38.017 - ERISA-qualified benefits deposited more than 120 days before filing bankruptcy
Alaska Stat. § 09.38.015 (b) - Judicial employees (only benefits building up)
Alaska Stat. § 09.38.015 (b) - Public employees (only benefits building up)
Alaska Stat. § 39.35.505 - Public employees (only benefits building up)
Alaska Stat. § 09.38.017 (e)(3) - Roth & traditional IRAs
Alaska Stat. § 09.38.015 (b) - Teachers (only benefits building up)
Alaska Stat. § 09.38.030 (e)(5) - Other pensions, to extent wages exempt (only payments being received)
Ala. Code § 19-3B-501 - Spendthrift trusts (with exceptions)
Ala. Code § 19-3B-502 - Spendthrift trusts (with exceptions)
Ala. Code § 19-3B-503 - Spendthrift trusts (with exceptions)
Ala. Code § 19-3B-508 - IRAs, Roth IRAs, and other retirement accounts
Ala. Code § 12-18-10 (a),(b) - Judges (only payments being received)
Ala. Code § 36-21-77 - Law enforcement officers
Ala. Code § 36-27-28 - State employees
Ala. Code § 16-25-23 - Teachers
Ark. Code Ann. § 24-11-814 - Disabled firefighters
Ark. Code Ann. � 24-11-417 - Disabled police officers
Ark. Code Ann. � 16-66-218 (b)(16) - IRA deposits to $20,000 if deposited over 1 year before filing for bankruptcy
Ark. Code Ann. � 24-10-616 - Police officers
Ark. Code Ann. § 24-7-715 - School employees
Ark. Code Ann. � 24-6-205 - State police officers
Ark. Code Ann. � 24-6-223 - State police officers
Ariz. Rev. Stat. § 33-1126 (B) - IRAs, Roth IRAs deposited over 120 days before filing
Ariz. Rev. Stat. § 38-850 (C) - Public Safety Personnel Retirement System benefits, contributions, interest & credits
Ariz. Rev. Stat. § 15-1628 (I) - Board of regents members, faculty and administrative officers under board's jurisdiction
Ariz. Rev. Stat. § 48-227 - District employees
Ariz. Rev. Stat. § 33-1126 (B) - ERISA-qualified benefits deposited over 120 days before filing
Ariz. Rev. Stat. § 9-968 - Firefighters
Ariz. Rev. Stat. § 9-931 - Police officers
Ariz. Rev. Stat. § 41-955 - Rangers
Ariz. Rev. Stat. § 38-792 - State employees retirement and disability
Ariz. Rev. Stat. § 38-797.11 - State employees retirement and disability
Cal. Civ. Proc. Code § 704.110 - Public retirement benefits
Cal. Gov't. Code § 21255 - Public employees
Cal. Civ. Proc. Code § 704.115 - Private retirement benefits, including IRAs & Keoghs
Cal. Bus. & Prof. Code § 31913 - County peace officers
Cal. Gov't. Code § 32210 - County firefighters
Cal. Gov't. Code § 31452 - County employees
Cal. Civ. Proc. Code § 703.140 (b)(10)(E) - ERISA-qualified benefits, IRAs & Roth IRAs needed for support
Colo. Rev. Stat. § 13-54-102 (1)(s) - ERISA-qualified benefits, including IRAs and Roth IRAs
Colo. Rev. Stat. � 31-30.5-208 - Firefighters & police officers
Colo. Rev. Stat. § 31-31-203 - Firefighters & police officers
Colo. Rev. Stat. � 24-51-212 - Public employees' pensions
Colo. Rev. Stat. � 24-51-212 - Public employees' pensions, deferred compensation & defined contribution plans
Colo. Rev. Stat. � 22-64-120 - Teachers
Colo. Rev. Stat. § 13-54-104 - Veteran's pension for veteran, spouse, or dependents if veteran served during war or armed conflict
Colo. Rev. Stat. § 13-54-102 (1)(h) - Veteran's pension for veteran, spouse, or dependents if veteran served during war or armed conflict
Conn. Gen. Stat. Ann. § 52-321a - ERISA-qualified benefits, including IRAs and Keoghs, to extent wages exempt
Conn. Gen. Stat. Ann. § 52-352b (m) - ERISA-qualified benefits, including IRAs and Keoghs, to extent wages exempt
Conn. Gen. Stat. Ann. § 52-321a - Medical savings account
Conn. Gen. Stat. Ann. § 7-446 - Municipal employees
Conn. Gen. Stat. Ann. § 5-171 - State employees
Conn. Gen. Stat. Ann. § 5-192w - State employees
Conn. Gen. Stat. Ann. § 10-183q - Teachers
D.C. Code Ann. § 1-911.03 - Police officers, fire fighters, and teachers retirement benefits
D.C. Code Ann. § 15-501 (b)(9) - ERISA-qualified benefits, IRAs, Keoghs, etc. to maximum deductible contribution
D.C. Code Ann. § 15-501 (a)(7) - Any stock bonus, annuity, pension, or profit-sharing plan
D.C. Code Ann. § 11-1570 (f) - Judges
D.C. Code Ann. § 38-2001.17 - Public school teachers
D.C. Code Ann. § 38-2021.17 - Public school teachers
Del. Code Ann. tit. 9, § 4316 - Kent County employees
Del. Code Ann. tit. 11, § 8803 - Police officers
Del. Code Ann. tit. 29, § 5503 - State employees
Del. Code Ann. tit. 10, § 4915 - IRAs, Roth IRAs 401(k)s and other retirement plans, including inherited retirement assets
Del. Code Ann. tit. 16, § 6653 - Volunteer firefighters
Fla. Stat. Ann. § 122.15 - County officers, employees
Fla. Stat. Ann. § 222.21 (2) - ERISA-qualified benefits, and all tax exempt retirement funds including IRAs, Roth IRAs
Fla. Stat. Ann. § 175.241 - Firefighters
Fla. Stat. Ann. § 185.25 - Police officers
Fla. Stat. Ann. § 121.131 - State officers, employees
Fla. Stat. Ann. § 238.15 - Teachers
Ga. Code Ann. § 18-4-22 - ERISA-qualified benefits & IRAs
Ga. Code Ann. § 44-13-100 (a)(2.1)(A) - Public employees
Ga. Code Ann. § 47-2-332 - Public employees
Ga. Code Ann. § 44-13-100 (a)(2)(F) - Payments from IRA necessary for support
Ga. Code Ann. § 44-13-100 (a)(2.1)(C) - Other pensions needed for support
Ga. Code Ann. § 44-13-100 (a)(2)(E) - Other pensions needed for support
Ga. Code Ann. § 18-4-22 - Other pensions needed for support
Ga. Code Ann. § 44-13-100 (a)(2.1)(B) - Employees of nonprofit corporations
Haw. Rev. Stat. § 88-169 - Firefighters
Haw. Rev. Stat. § 88-169 - Police officers
Haw. Rev. Stat. § 88-91 - Public officers & employees
Haw. Rev. Stat. § 653-3 - Public officers & employees
Haw. Rev. Stat. § 651-124 - IRAs, Roth IRAs, ERISA-qualified benefits deposited over 3 years before filing bankruptcy 401(a), 401(k), 403(a), 403(b), 408, 408A, 409 (as in effect prior to January 1, 1984), 414(d), or 414(e) of the Internal Revenue Code
Iowa Code § 627.8 - Federal government pension
Iowa Code § 411.13 - Firefighters
Iowa Code § 97A.12 - Peace officers
Iowa Code § 411.13 - Police officers
Iowa Code § 97B.39 - Public employees
Iowa Code § 627.6 (8)(e) - Other pensions, annuities, and contracts fully exempt; however, contributions made within 1 year prior to filing for bankruptcy not exempt to the extent they exceed normal and customary amounts
Iowa Code § 627.6 (8)(f) - Retirement plans, Keoghs, IRAs, Roth IRAs, ERISAqualified benefits
Iowa Code § 410.11 - Disabled firefighters, police officers (only payments being received)
Idaho Code § 72-1422 - Firefighters
Idaho Code § 11-604A - Government & private pensions, retirement plans, IRAs, Keoghs, etc.
Idaho Code § 50-1517 - Police officers
Idaho Code § 59-1317 - Public employees
Idaho Code § 55-1011 - ERISA-qualified benefits
40 Ill. Comp. Stat. 5/9-228 - County employees
40 Ill. Comp. Stat. 5/22-230 - Disabled firefighters; widows, & children of firefighters
735 Ill. Comp. Stat. 5/12-1006 - All tax-exempt retirement plans including IRAs, government and church plans
40 Ill. Comp. Stat. 5/4-135 - Firefighters
40 Ill. Comp. Stat. 5/6-213 - Firefighters
40 Ill. Comp. Stat. 5/2-154 - General assembly members 40-5/2-154
40 Ill. Comp. Stat. 5/19-117 - House of correction employees
40 Ill. Comp. Stat. 5/18-161 - Judges 40-5/18-161
40 Ill. Comp. Stat. 5/7-217 (a) - Municipal employees
40 Ill. Comp. Stat. 5/8-244 - Municipal employees
40 Ill. Comp. Stat. 5/12-190 - Park employees
40 Ill. Comp. Stat. 5/3-144.1 - Police officers
40 Ill. Comp. Stat. 5/5-218 - Police officers
735 Ill. Comp. Stat. 5/12-1006 - Public employees
40 Ill. Comp. Stat. 5/19-218 - Public library employees
40 Ill. Comp. Stat. 5/13-805 - Sanitation district employees
40 Ill. Comp. Stat. 5/14-147 - State employees
40 Ill. Comp. Stat. 5/15-185 - State university employees
40 Ill. Comp. Stat. 5/16-190 - Teachers
40 Ill. Comp. Stat. 5/17-151 - Teachers
40 Ill. Comp. Stat. 5/11-223 - Civil service employees
Ind. Code Ann. § 36-8-6-14 - Police officers
Ind. Code Ann. § 36-8-7.5-19 - Police officers
Ind. Code Ann. § 36-8-8-17 - Police officers
Ind. Code Ann. § 10-12-2-10 - Police officers
Ind. Code Ann. § 5-10.3-8-9 - Public employees
Ind. Code Ann. § 34-55-10-2 (c)(6) - Public or private retirement benefits and contributions, IRAs, (Contributions other than Roth IRAs must be tax-deductable)
Ind. Code Ann. § 36-8-10-19 - Sheriffs
Ind. Code Ann. § 36-8-7-22 - Firefighters
Ind. Code Ann. § 36-8-8-17 - Firefighters
Ind. Code Ann. § 5-10.4-5-14 - State teachers
Kan. Stat. Ann. § 60-2308 (b) - ERISA-qualified benefits, IRAs and Roth IRAs
Kan. Stat. Ann. § 60-2308 (a) - Federal government pension needed for support & paid within 3 months of filing for bankruptcy (only payments being received)
Kan. Stat. Ann. § 14-10a10 - Firefighters
Kan. Stat. Ann. § 12-5005 (e) - Firefighters
Kan. Stat. Ann. § 20-2618 - Judges
Kan. Stat. Ann. § 12-5005 (e) - Police officers
Kan. Stat. Ann. § 13-14a10 - Police officers
Kan. Stat. Ann. § 74-4923 - Public employees
Kan. Stat. Ann. § 74-49,105 - Public employees
Kan. Stat. Ann. § 74-4978g - State highway patrol officers
Kan. Stat. Ann. § 72-5526 - State school employees
Kan. Stat. Ann. § 60-2312 (b) - Payment under a stock bonus, pension, profitsharing, annuity, or similar plan or contract on account of illness, disability, death, age, or length of service, to the extent reasonably necessary for support
Kan. Stat. Ann. § 13-14a10 - Elected & appointed officials in cities with populations between 120,000 & 200,000
Ky. Rev. Stat. Ann. § 67A.620 - Firefighters
Ky. Rev. Stat. Ann. § 95.878 - Firefighters
Ky. Rev. Stat. Ann. § 427.120 - Police officers
Ky. Rev. Stat. Ann. § 427.125 - Police officers
Ky. Rev. Stat. Ann. § 427.150 - ERISA-qualified benefits, including IRAs, SEPs, and Keoghs deposited more than 120 days before filing
Ky. Rev. Stat. Ann. § 61.690 - State employees
Ky. Rev. Stat. Ann. § 161.700 - Teachers
Ky. Rev. Stat. Ann. § 67A.350 - Urban county government employees
La. Rev. Stat. Ann. § 11:1526 - Court clerks
La. Rev. Stat. Ann. § 11:1583 - District attorneys
La. Rev. Stat. Ann. § 13:3881 (D)(1) - ERISA-qualified benefits, including IRAs and Keoghs, if contributions made over 1 year before filing for bankruptcy
La. Rev. Stat. Ann. § 20:33 (1) - ERISA-qualified benefits, including IRAs and Keoghs, if contributions made over 1 year before filing for bankruptcy
La. Rev. Stat. Ann. § 11:2263 - Firefighters
La. Rev. Stat. Ann. § 20:33 (2) - Gift or bonus payments from employer to employee or heirs whenever paid
La. Rev. Stat. Ann. § 11:1378 - Judges
La. Rev. Stat. Ann. § 11:952.3 - Louisiana University employees
La. Rev. Stat. Ann. § 11:1735 - Municipal employees
La. Rev. Stat. Ann. § 11:1905 - Parochial employees
La. Rev. Stat. Ann. § 11:3513 - Police officers
La. Rev. Stat. Ann. § 11:1403 - Assessors
La. Rev. Stat. Ann. § 11:1003 - School employees
La. Rev. Stat. Ann. § 11:2182 - Sheriffs
La. Rev. Stat. Ann. § 11:405 - State employees
La. Rev. Stat. Ann. § 11:704 - Teachers
La. Rev. Stat. Ann. § 11:2033 - Voting registrars
La. Rev. Stat. Ann. § 11:2228 - Parochial employees
La. Rev. Stat. Ann. § 11:2228 - Police officers
La. Rev. Stat. Ann. § 11:2228 - Municipal employees
La. Rev. Stat. Ann. § 11:951.3 - Orleans parish school employees retirement
La. Rev. Stat. Ann. § 11:3014 - City of Alexandria employees retirement
La. Rev. Stat. Ann. § 11:3770 - City of Monroe bus drivers pension
La. Rev. Stat. Ann. § 11:3800 - City of Monroe electrical workers pension
La. Rev. Stat. Ann. § 11:3823 - New Orleans sewage workers
Mass. Gen. Laws ch. 235, § 34A - ERISA-qualified benefits, including IRAs. Exempt IRA contributions for previous 5 years limited to 7% of income.
Mass. Gen. Laws ch. 246, § 28 - ERISA-qualified benefits, including IRAs. Exempt IRA contributions for previous 5 years limited to 7% of income.
Mass. Gen. Laws ch. 32, § 41 - Private retirement benefits
Mass. Gen. Laws ch. 32, § 19 - Public employees
Mass. Gen. Laws ch. 168, § 41 - Savings bank employees
Mass. Gen. Laws ch. 168, § 44 - Savings bank employees
Mass. Gen. Laws ch. 171, § 84 - Credit union employees
Mass. Gen. Laws ch. 168, § 32 - Savings bank employees
Md. Code Ann., [Cts. & Jud. Proc.] § 11-504 (h)(1) - ERISA-qualified benefits, IRAs (limited to tax-deductable contributions for non-Roth IRAs)
Md. Code Ann., [State Pers. & Pen.] § 21-502 - State employees
Me. Rev. Stat. Ann. tit. 14, § 4422 (13)(E) - ERISA-qualified benefits
Me. Rev. Stat. Ann. tit. 4, § 1203 - Judges
Me. Rev. Stat. Ann. tit. 3, § 703 - Legislators
Me. Rev. Stat. Ann. tit. 5, § 17054 - State employees
Me. Rev. Stat. Ann. tit. 14, § 4422 (13)(F) - Payments from IRAs or other pensions or disability or survivor benefits needed for support of the debtor and dependents to $15,000
Mich. Comp. Laws § 38.1683 - Firefighters, police officers
Mich. Comp. Laws § 38.559 (6) - Firefighters, police officers
Mich. Comp. Laws § 600.5451 (1)(l) - ERISA-qualified benefits, except contributions within last 120 days
Mich. Comp. Laws § 600.5451 (1)(k) - IRAs (conventiona, Roth, ed& Roth IRAs, except contributions within last 120 days; limited to tax-deductible contributions for non-Roth IRAs.
Mich. Comp. Laws § 38.2308 - Judges
Mich. Comp. Laws § 38.1683 - Judges
Mich. Comp. Laws § 38.1057 - Legislators
Mich. Comp. Laws § 38.1683 - Legislators
Mich. Comp. Laws § 38.2308 - Probate judges
Mich. Comp. Laws § 38.1683 - Probate judges
Mich. Comp. Laws § 38.1346 - Public school employees
Mich. Comp. Laws § 38.1683 - Public school employees
Mich. Comp. Laws § 38.40 - State employees
Mich. Comp. Laws § 38.1683 - State employees
Minn. Stat. Ann. § 550.37 subd. 24 - ERISA-qualified benefits or needed for support, up to $78,000 in present value
Minn. Stat. Ann. § 356.401 - Public employees
Minn. Stat. Ann. § 356.401 - State employees
Minn. Stat. Ann. § 356.401 - State troopers
Minn. Stat. Ann. § 550.37 subd. 24 - IRAs needed for support, up to $75,000 in present value
Minn. Stat. Ann. § 353.15 - Public employees
Minn. Stat. Ann. § 352.965 subd. 6 - State employees
Minn. Stat. Ann. § 352B.071 - State troopers
Mo. Rev. Stat. § 71.207 - Employees of cities with 100,000 or more people
Mo. Rev. Stat. § 513.430 1.(10) (f) - Retirement plan, profit-sharing plan, health savings plan, or similar plan, including an inherited account or plan, qualified under section 401(a), 403(a), 403 (b), 408, (IRA) 408A (Roth IRA), or 409 of the federal tax code, inlcuding an iherited account or plan
Mo. Rev. Stat. § 87.090 - Firefighters
Mo. Rev. Stat. § 87.365 - Firefighters
Mo. Rev. Stat. § 87.485 - Firefighters
Mo. Rev. Stat. § 104.250 - Highway & transportation employees
Mo. Rev. Stat. § 86.190 - Police department employees
Mo. Rev. Stat. § 86.353 - Police department employees
Mo. Rev. Stat. § 70.695 - Public officers & employees
Mo. Rev. Stat. § 70.755 - Public officers & employees
Mo. Rev. Stat. § 104.540 - State employees
Mo. Rev. Stat. § 169.090 - Teachers
Mo. Rev. Stat. § 86.563 - Police department employees
Mo. Rev. Stat. § 456.014 - Employee benefit spendthrift trust
Mo. Rev. Stat. § 86.1430 - Police department employees
But see, In re Smith, 10-60388 (W.D. Mo 2010) - Teachers
Miss. Code Ann. § 21-29-257 - Police officers (includes death benefits)
Miss. Code Ann. § 45-2-1 - Police officers (includes death benefits)
Miss. Code Ann. § 25-11-129 - Public employees retirement & disability benefits
Miss. Code Ann. § 25-14-5 - State employees
Miss. Code Ann. § 25-11-201 (1)(d) - Teachers
Miss. Code Ann. § 45-2-1 - Volunteer firefighters' death benefits
Miss. Code Ann. § 85-3-1 (i) - Qualified state health saving accounts
Miss. Code Ann. § 85-3-1 (i) - Earned income tax credit to $5,000
Miss. Code Ann. § 85-3-1 (g) - ERISA-qualified benefits, IRAs, Keoghs deposited over 1 yr. before filing bankruptcy
Miss. Code Ann. § 21-29-257 - Firefighters (includes death benefits)
Miss. Code Ann. § 45-2-1 - Firefighters (includes death benefits)
Miss. Code Ann. § 25-13-31 - Highway patrol officers
Miss. Code Ann. § 45-2-1 - Law enforcement officers' death benefits
Miss. Code Ann. § 71-1-43 - Private retirement benefits to extent tax-deferred
Mont. Code Ann. § 19-18-612 (1) - Firefighters
Mont. Code Ann. § 25-13-608 (1)(e) - IRA contributions & earnings made before judgment filed
Mont. Code Ann. § 19-19-504 (1) - Police officers
Mont. Code Ann. § 19-2-1004 - Public employees
Mont. Code Ann. § 25-13-608 (i) - Public employees
Mont. Code Ann. § 19-20-706 (2) - Teachers
Mont. Code Ann. § 25-13-608 (j) - Teachers
Mont. Code Ann. § 19-21-212 - University system employees
Mont. Code Ann. § 31-2-106 - IRAs, ERISA-qualified benefits deposited over 1 year before filing bankruptcy or up to 15% of debtor's gross annual income
N.C. Gen. Stat. § 1C-1601 (a)(9) - IRAs , Roth IRAs, Inherited IRAs
N.C. Gen. Stat. § 143-166.30 (g) - State law enforcement officers
N.C. Gen. Stat. § 120-4.29 - Legislators
N.C. Gen. Stat. § 128-31 - Municipal, city, & county employees
N.C. Gen. Stat. § 135-9 - Teachers & state employees
N.C. Gen. Stat. § 1C-1601 (a)(11) - Retirement benefits from other states to extent exempt in that state.
N.C. Gen. Stat. § 58-86-90 - Firefighters & rescue squad workers
N.D. Cent. Code § 28-22-03.1 (e) - Payments from an ERISA-qualified stock bonus, profit-sharing, annuity or similar plan, to extemt extent necessary for support.
N.D. Cent. Code § 54-52.2-06 - Public employees deferred compensation
N.D. Cent. Code § 28-22-19 (1) - Public employees pensions
N.D. Cent. Code § 28-22-03.1 (7) - ERISA-qualified retirement funds, IRAs, & Keoghs to $200,000 per plan; or $400,000 for all accounts; no limit if more needed for support
N.D. Cent. Code § 28-22-03.1 (8)(b) - Disabled veterans' benefits, except military retirement pay
Neb. Rev. Stat. § 25-1563.01 - IRAs, Roth IRAs & ERISA-qualified benefits needed for support
Neb. Rev. Stat. § 25-1559 - Military disability benefits to $2,000
Neb. Rev. Stat. § 79-948 - School employees
Neb. Rev. Stat. § 84-1324 - State employees
Neb. Rev. Stat. § 48-1401 - Deferred compensation of public employees
Neb. Rev. Stat. § 23-2322 - County employees
N.H. Rev. Stat. Ann. § 100-A:26 - Public employees
N.H. Rev. Stat. Ann. § 103:18 - Police officers
N.H. Rev. Stat. Ann. § 102:23 - Firefighters
N.H. Rev. Stat. Ann. § 512:21 (IV) - Federally created pension (only benefits building up)
Hill v. Dobin, 358 B.R. 130 (D.N.J. 2006) - IRAs
N.J. Stat. Ann. § 25:2-1 - Trust containing personal property created pursuant to federal tax law, including 401(k) plans and higher education (529) savings plans, IRAs, Roth IRAs Excluded from bankruptcy estate
N.J. Stat. Ann. § 18A:66-51 - Teachers
N.J. Stat. Ann. § 43:19-17 - Street & water department employees
N.J. Stat. Ann. § 53:5A-45 - State police
N.J. Stat. Ann. § 18A:66-116 - School district employees
N.J. Stat. Ann. § 43:15A-53 - Public employees
N.J. Stat. Ann. § 43:7-13 - Prison employees
N.J. Stat. Ann. § 43:13-44 - Municipal employees
N.J. Stat. Ann. § 43:6A-41 - Judges
In re Yuhas, 104 F.3d 612 (3rd Cir. 1997) - IRAs
N.J. Stat. Ann. § 43:16A-17 - Firefighters, police officers, traffic officers
N.J. Stat. Ann. § 43:16-7 - Firefighters, police officers, traffic officers
N.J. Stat. Ann. § 43:13-9 - ERISA-qualified benefits for city employees
N.J. Stat. Ann. § 43:10-105 - County employees
N.J. Stat. Ann. § 43:10-57 - County employees
N.J. Stat. Ann. App. A:9-57.6 - Civil defense workers App. A:9-57.6
N.J. Stat. Ann. § 43:18-12 - City boards of health employees
N.J. Stat. Ann. § 43:13-9 - Municipal employees
N.J. Stat. Ann. § 43:13-37.5 - Municipal employees
N.J. Stat. Ann. § 43:8A-20 - Alcohol beverage control officers
N.M. Stat. Ann. § 22-11-42 A - Public school employees
N.M. Stat. Ann. § 42-10-1 - Pension or retirement benefits
Nev. Rev. Stat. Ann. § 21.090 (1)(r) - ERISA-qualified benefits, deferred compensation, SEP IRA, Roth IRA or IRAs, higher education (529) savings plans to $500,000
Nev. Rev. Stat. Ann. § 286.670 - Public employees
Nev. Rev. Stat. Ann. § 21.090 (1)(ii) - Public employees
N.Y. Gen. Mun. Law § 206-b - Volunteer firefighters' benefits
N.Y. CPLR § 5205 (c) - ERISA-qualified benefits, IRAs, & Keoghs & income needed for support
N.Y. Debt. & Cred. Law § 282 (2)(e) - ERISA-qualified benefits, IRAs, & Keoghs & income needed for support
N.Y. Ins. Law § 4607 - Public retirement benefits
N.Y. Retire. & Soc. Sec. Law § 10 - State employees
N.Y. Educ. Law § 524 - Teachers
N.Y. Unconsol. Law � 5711-o - Village police officers Unconsolidated
N.Y. Vol. Amb. Ben. Law § 23 - Volunteer ambulance workers' benefits
N.Y. Vol. Fire. Ben. Law § 23 - Volunteer firefighters' benefits
Ohio Rev. Code Ann. § 742.47 - Firefighters, police officers
Ohio Rev. Code Ann. § 146.13 - Volunteer firefighters' dependents
Ohio Rev. Code Ann. § 5505.22 - State highway patrol employees
Ohio Rev. Code Ann. § 3309.66 - Public school employees
Ohio Rev. Code Ann. § 145.56 - Public employees
Ohio Rev. Code Ann. § 2329.66 (A)(10)(c), (a), (e) - IRAs & Keoghs, 529 savings plans needed for support
Ohio Rev. Code Ann. § 2329.66 (A)(10)(a) - Public safety officers' death benefit
Ohio Rev. Code Ann. § 148.09 - Public employees
Ohio Rev. Code Ann. § 3307.41 - Teachers
Ohio Rev. Code Ann. § 2329.66 (A)(10)(b) - ERISA-qualified benefits needed for support
70 Okla. Stat. Ann. § 17-109 - Teachers
60 Okla. Stat. Ann. § 328 - Tax exempt benefits
74 Okla. Stat. Ann. § 923 - Public employees
11 Okla. Stat. Ann. § 50-124 - Police officers
47 Okla. Stat. Ann. § 2-303.3 - Law enforcement employees
20 Okla. Stat. Ann. § 1111 - Judges
11 Okla. Stat. Ann. § 49-126 - Firefighters
31 Okla. Stat. Ann. § 1 (A)(20),(24) - ERISA-qualified benefits, IRAs, Roth IRAs, Education IRAs & Keoghs
31 Okla. Stat. Ann. § 7 - Disabled veterans
19 Okla. Stat. Ann. § 959 - County employees
Or. Rev. Stat. § 18.358 - ERISA-qualified benefits, including IRAs and SEPs to $7,500
Or. Rev. Stat. § 237.980 - Public officers, employees pension payments to to $7,500
Or. Rev. Stat. § 238.445 - Public officers, employees pension payments to to $7,500
Or. Rev. Stat. § 18.348 (2) - Public officers, employees pension payments to to $7,500
Or. Rev. Stat. § 18.348 - ERISA-qualified benefits, including IRAs and SEPs to $7,500
16 Pa. Cons. Stat. Ann. � 4716 - County employees
53 Pa. Cons. Stat. Ann. § 881.115 - Municipal employees
53 Pa. Cons. Stat. Ann. § 764 - Police officers
53 Pa. Cons. Stat. Ann. § 776 - Police officers
53 Pa. Cons. Stat. Ann. § 23666 - Police officers
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(iii) - Police officers
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(vii), (viii),(ix) - Private retirement benefits (IRAs, etc.) to extent tax-deferred, if clause prohibits proceeds from being used to pay beneficiary's creditors; exemption limited to deposits of $15,000 per year made at least 1 year before filing (limit does not apply to rollovers from other exempt funds or accounts)
24 Pa. Cons. Stat. Ann. � 8533 - Public school employees
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(i) - Public school employees
71 Pa. Cons. Stat. Ann. � 5953 - State employees
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(ii) - State employees
53 Pa. Cons. Stat. Ann. § 13445 - City employees
53 Pa. Cons. Stat. Ann. § 23572 - City employees
53 Pa. Cons. Stat. Ann. § 39383 - City employees
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(iv) - City employees
42 Pa. Cons. Stat. Ann. § 8124 (b)(1)(vi) - Municipal employees
R.I. Gen. Laws § 9-26-4 (12) - ERISA-qualified benefits
R.I. Gen. Laws § 9-26-5 - Firefighters
R.I. Gen. Laws § 9-26-4 (11) - IRAs all types
R.I. Gen. Laws § 9-26-5 - Police officers
R.I. Gen. Laws § 28-17-4 - Private employees
R.I. Gen. Laws § 36-10-34 - State & municipal employees
S.C. Code Ann. § 9-13-230 - Firefighters
S.C. Code Ann. § 15-41-30 (A)(11)(e),(14) - ERISA-qualified benefits; your share of the pension plan fund
S.C. Code Ann. § 9-9-180 - General assembly members
S.C. Code Ann. § 15-41-30 (A)(13) - IRAs and Roth IRAs
S.C. Code Ann. § 9-8-190 - Judges, solicitors
S.C. Code Ann. § 9-11-270 - Police officers
S.C. Code Ann. § 9-1-1680 - Public employees
S.D. Codified Laws Ann. § 43-45-17 - IRAs, Roth IRAs & ERISA-qualified benefits, limited to income & distribution to $1,000,000
S.D. Codified Laws Ann. § 9-16-47 - City employees
S.D. Codified Laws Ann. § 43-45-16 - IRAs, Roth IRAs & ERISA-qualified benefits, limited to income & distribution to $1,000,000
S.D. Codified Laws Ann. § 3-12-115 - Public employees
Tenn. Code Ann. § 26-2-105 - Health & medical savings accounts
Tenn. Code Ann. § 26-2-111 (1)(D) - ERISA-qualified benefits, IRAs, & Roth IRAs
Tenn. Code Ann. § 8-36-111 - Public employees
Tenn. Code Ann. § 26-2-105 - State & local government employees
Tenn. Code Ann. § 49-5-909 - Teachers
Tex. Prop. Code Ann. § 42.0021 - ERISA-qualified government or church benefits, including Keoghs and IRAs & Roth IRAs; (limited to tax-deductible contributions)
Tex. Civ. Stat. Ann. Art. 6243e.1 (1.04) - Firefighters
Tex. Civ. Stat. Ann. Art. 6243e (5) - Firefighters
Tex. Civ. Stat. Ann. Art. 6243b (15) - Firefighters
Tex. Civ. Stat. Ann. Art. 6243a-1 (8.03) - Firefighters
Tex. Civ. Stat. Ann. Art. 6243e (5) - Firefighters
Tex. Gov’t. Code Ann. § 831.004 - Judges
Tex. Gov’t. Code Ann. § 615.005 - Law enforcement officers, firefighters, emergency medical personnel survivors
Tex. Gov’t. Code Ann. § 811.005 - Municipal employees & elected officials, state employees
Tex. Civ. Stat. Ann. Art. 6243h (22) - Municipal employees & elected officials, state employees
Tex. Civ. Stat. Ann. Art. 6243d-1 (17) - Police officers
Tex. Civ. Stat. Ann. Art. 6243b (15) - Police officers
Tex. Civ. Stat. Ann. Art. 6243a-1 (8.03) - Police officers
Tex. Civ. Stat. Ann. Art. 6243j (20) - Police officers
Tex. Prop. Code Ann. § 42.0021 - Retirement benefits to extent tax-deferred
Tex. Gov’t. Code Ann. § 821.005 - Teachers
Tex. Gov’t. Code Ann. § 811.006 - County & district employees
5 U.S.C. § 8346 - Federal Civil Service employees
22 U.S.C. § 4060 - Foreign Service Employees
38 U.S.C. § 1562 (c) - Military Medal of Honor roll pensions
10 U.S.C. § 1440 - Annuities paid to members of the Armed Services, based on retirement or retainer pay
45 U.S.C. § 231m - Railroad workers
42 U.S.C. § 407 - Social Security
38 U.S.C. § 3501 - U.S. Veterans' benefits
11 U.S.C. § 522 (d)(12) - All types of retirement funds and accounts that tax-exempt under IRC section 401, 403, 408, 408A, 414, 457, or 501(a) ; IRAs & Roth IRAs limited to $1,512,350 (excluding rollover contributions); limitation can be overidden by judge.
11 U.S.C. § 522 (n) - All types of retirement funds and accounts that tax-exempt under IRC section 401, 403, 408, 408A, 414, 457, or 501(a) ; IRAs & Roth IRAs limited to $1,512,350 (excluding rollover contributions); limitation can be overidden by judge.
33 U.S.C. § 775 - Benefits for surviving spouses of Lighthouse Service personnel
33 U.S.C. § 916 - Death and disability benefits paid pursuant to the Longshoremen’s and Harbor Workers’ Compensation Act
Utah Code Ann. § 49-11-612 - Public employees
Utah Code Ann. § 78B-5-505 (1)(a)(xiv) - ERISA-qualified benefits, IRAs, Keoghs (benefits that have accrued & contributions that have been made at least 1 year prior to filing)
Va. Code Ann. § 51.1-802 - City, town, & county employees
Va. Code Ann. § 34-34 - All types of IRAs and ERISA-qualified benefits to 'same extent as permitted under federal bankruptcy law for such a plan"
Va. Code Ann. § 51.1-300 - Judges
Va. Code Ann. § 51.1-124.4 (A) - State employees
Va. Code Ann. § 51.1-200 - State police officers
Vt. Stat. Ann. tit. 24, § 5066 - Municipal employees
Vt. Stat. Ann. tit. 12, § 2740 (19)(J) - Other pensions
Vt. Stat. Ann. tit. 16, § 1946 - Teachers
Vt. Stat. Ann. tit. 3, § 476 - State employees
Vt. Stat. Ann. tit. 12, § 2740 (16) - Self-directed accounts (IRAs, Keoghs); contributions must be made 1 year before filing
Wash. Rev. Code Ann. § 41.24.240 - Volunteer firefighters
Wash. Rev. Code Ann. § 41.32.052 - Teachers
Wash. Rev. Code Ann. § 43.43.310 - State patrol officers
Wash. Rev. Code Ann. § 41.40.052 - Public & state employees
Wash. Rev. Code Ann. § 41.20.180 - Police officers
Wash. Rev. Code Ann. § 41.26.053 - Law enforcement officials & firefighters
Wash. Rev. Code Ann. § 2.10.180 - Judges
Wash. Rev. Code Ann. § 2.12.090 - Judges
Wash. Rev. Code Ann. § 6.15.020 - ERISA-qualified benefits, IRAs, & Keoghs
Wash. Rev. Code Ann. § 41.28.200 - City employees
Wash. Rev. Code Ann. § 41.44.240 - City employees
Wis. Stat. Ann. § 40.08 (1) - Public employees
Wis. Stat. Ann. § 815.18 (3)(j) - Private or public retirement or disability benefits, including IRAs and KEOGHs, 401(k), subject to many exceptions & limitations.
Wis. Stat. Ann. § 815.18 (3)(n) - Military pensions
Wis. Stat. Ann. § 815.18 (3)(ef) - Firefighters, police officers who worked in city with population over 100,000
Wis. Stat. Ann. § 62.63 (4) - Certain municipal employees
W. Va. Code § 38-10-4 (j)(5) - All deposits in IRAs, SEPs and other individual retirement accounts
W. Va. Code § 18-7A-30 - Teachers
W. Va. Code § 5-10-46 - Public employees
W. Va. Code § 38-10-4 (j)(5) - ERISA-qualified benefits or profit sharing plan, needed for support
Wyo. Stat. § 9-3-620 - Criminal investigators, highway officers
Wyo. Stat. § 15-5-209 - Firefighters' death benefits
Wyo. Stat. § 9-3-620 - Game & fish wardens
Wyo. Stat. § 15-5-313 (c) - Police officers
Wyo. Stat. § 1-20-110 - Private or public retirement funds & accounts, including IRAs, Roth IRAs and SEP IRAs, and inherited accounts
Wyo. Stat. § 9-3-426 - Public employees

← Michigan Pensions & Retirement Savings Exemptions

Citation: Stat. - Mich. Comp. Laws § 38.40

Other Michigan Exemption Citations

50 State Pensions & Retirement Savings Exemptions