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Clark v. Rameker

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Clark v. Rameker
Decided June 12, 2014
Full case nameClark v. Rameker
Citations573 U.S. 122 (more)
Holding
Funds held in inherited Individual Retirement Accounts are not "retirement funds" and are not exempt from the bankruptcy estate.
Court membership
Chief Justice
John Roberts
Associate Justices
Antonin Scalia · Anthony Kennedy
Clarence Thomas · Ruth Bader Ginsburg
Stephen Breyer · Samuel Alito
Sonia Sotomayor · Elena Kagan
Case opinion
MajoritySotomayor, joined by unanimous
Laws applied
11 U.S.C. § 522(b)(3)(c)

Clark v. Rameker, 573 U.S. 122 (2014), was a United States Supreme Court case in which the Court held that funds held in inherited Individual Retirement Accounts are not "retirement funds" within the meaning of 11 U.S.C. § 522(b)(3)(c) and therefore not exempt from the bankruptcy estate.[1][2]

References

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  1. ^ Clark v. Rameker, 573 U.S. 122 (2014).
  2. ^ "Asset protection of retirement funds after Clark". Journal of Accountancy. 2014-10-01. Retrieved 2024-11-05.
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This article incorporates written opinion of a United States federal court. As a work of the U.S. federal government, the text is in the public domain. "[T]he Court is unanimously of opinion that no reporter has or can have any copyright in the written opinions delivered by this Court." Wheaton v. Peters, 33 U.S. (8 Pet.) 591, 668 (1834)