Solo 401k

Are SEP IRAs afforded creditor proctection under ERISA?

November 18, 2023 | By Mark Nolan

No, just like solo 401k plans are not protected from general creditors under ERISA, neither are SEP IRAs. Protection from general creditors will be determined by your state of residence. However, both SEP IRA and solo 401k plans are protected under federal bankruptcy law.   

About Mark Nolan

Each day I speak with energetic entrepreneurs looking to take the plunge into a new venture and small business owners eager to take control of their retirement savings. I am passionate about helping others find their financial independence. Having worked for over 20 years with some of the top retirement account custodian and insurance companies I have a deep and extensive knowledge of the complexities of self-directed 401ks and IRAs as well as retirement plan regulations. Learn more about Mark Nolan and My Solo 401k Financial >>

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