Reference: Clark v. Rameker (June 12, 2014) US Supreme Court, Case No. 13-299.

The US Supreme Court has ruled that inherited IRA accounts are not protected from bankruptcy from creditors, as are non-inherited retirement accounts. Traditional IRAs and other retirement accounts will continue have creditor protections.

The full Court opinion is found at www.supremecourt.gov/opinions/13pdf/13-299_mjnO.pdf.