2006-12-01 10:47:50 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I wish. I usually work with cash or purchase MasterCard gift certificates when I need to pay for things with a credit card. I DO KNOW that there are retirement accounts that can be used like a checking account, but you don't want ones that are tax deferred in nature because you lose too much cashing those out. I am looking into mutual funds that are like checking accounts that are usually pretty hard for creditors to get their hands on. Keep me in your contact list and I will let you know what I find. Or you please let me know. J had a business a decade ago that went south and we're still recovering, but it is getting better. GOOD LUCK!!
2006-12-01 10:54:53 · answer #1 · answered by New Millennium Minds 3 · 0⤊ 0⤋
a pension is not vulnerable to creditors but can't be accessed till you are retirement age
2006-12-01 18:52:20 · answer #2 · answered by j. a. prufrock 2 · 0⤊ 0⤋
401 K's and IRA's are safe from creditors. Also life insurance policies are also safe from creditors.
2006-12-01 18:54:07 · answer #3 · answered by errai14 2 · 0⤊ 0⤋
Yes...
One that they do not know about..
One in a foreign country..
One is someone elses name..
2006-12-01 18:55:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋