Q: Can I protect my retirement income?

Social Security is 100% protected in bankruptcy (Fla. Stat. Ann. 222.201 and 11 U.S.C. 522(d)(10)(A)).

Retirement benefits of teachers (Fla. Stat. Ann. 238.15), public employees ((Fla. Stat. Ann. 121.131, 121.055(6)(e)), county and state officers and employees (Fla. Stat. Ann. 122.15), firefighters (Fla. Stat. Ann. 175.241) , and police officers (Fla. Stat. Ann. 185.25) are all 100% protected.

Retirement pension and profit-sharing plans, 401Ks qualified under the Internal Revenue Code are all 100% protected (Fla. Stat. Ann. 222.21(2)).

Pension benefits received within three months of the bankruptcy filing if needed for support) will be protected (Fla. Stat. Ann. 222.21(1).

Annuities and payments and cash value of life insurance policies are 100% protected (Fla. Stat. Ann. 222.14).