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Voluntary Retirement Contributions Not Disposable Income in the 9th

By Cathy Moran, Esq. Filed Under: Chapter 13

voluntary retirement deduction

Contributions to an employer-sponsored retirement plan going forward are excluded from disposable income in Chapter 13, says the 9th Circuit in Sadana, 19 years after BAPCPA became law. What took so long? Words in the statute matter Congress, in its BAPCPA-typical awkward fashion, said right there, in 541(b)(7)’s hanging paragraph, that amounts withheld for voluntary […]

Filed Under: Chapter 13 Tagged With: 2024, deduction, disposable income, retirement

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