California Financial Planning Exemptions

• Retirement Accounts Exemption: Exempt only to the extent that the court determines the property sought to be applied to the satisfaction of a judgment is used for child, family, or spousal support.
• Homestead Exemption: The amount of the homestead exemption is the greater of the following:

1. The countywide median sale price for a single-family home in the calendar year prior to the calendar year in which the judgment debtor claims the exemption, not to exceed six hundred thousand dollars ($600,000).

2. Three hundred thousand dollars ($300,000).

3. The amounts specified in this section shall adjust annually for inflation, beginning on January 1, 2022, based on the change in the annual California Consumer Price Index for All Urban Consumers for the prior fiscal year, published by the Department of Industrial Relations.

• Life Insurance Exemption: $9,700 single / $19,400 married
• Annuity (Non-IRA/ERISA) Cash Value Exemption: $9,700 single / $19,400 married

DISCLAIMER: These codes may not be the most current version. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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