Washington Life Insurance, Annuities, and IRA Exemptions
Life Insurance
If the beneficiary is someone other than the insured, the proceeds and avails of a life insurance policy, other than an annuity, are exempt. To see this statute, please click here. A policy of group life insurance and the proceeds from such policy are exempt. To see this statute, please click here. Annuities Rights, benefits, privileges, and options under any annuity contract are exempt; this exemption is limited to $2,500 per month. To see this statute, click here.
IRAs
ERISA qualified benefits, including IRAs, are exempt. To see this statute, please click here.
Miscellaneous
Disability proceeds are exempt. To see this statute, please click here. |