Rollover Ira Divorce
July 16th, 2008
Question: Can SEP or IRA be attached in CA for non payment of Alimony?
I can no longer pay Alimony as I have been out of work for close to a year. If I stop paying can my SEP or Rollover IRA be attached or garnished for non payment of Alimony by the Family Court if she files a contempt of court motion? The divorce decree was in CA and X lives there but I am out of state.
Answer: You don’t just stop paying. You file with the court to have your payments suspended.
Your attorney can tell you for sure whether these assets can be attached. California courts have always been aggressive so the risk is there.
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