Minnesota Financial Planning Exemptions

• Retirement Accounts Exemption: up to $69,000 and additional amounts under all the plans and contracts to the extent reasonably necessary for the support of the debtor and any spouse or dependent of the debtor.
• Homestead Exemption: Up to 160 acres. $975,000 agricultural; $390,000 urban.
• Life Insurance Exemption: $46,000 plus additional $11,500 per dependent. Unmatured life insurance contract dividends, interest, or loan value to $9,200 if insured is debtor or person debtor depends on.
• Annuity (Non-IRA/ERISA) Cash Value Exemption: up to $69,000 and additional amounts under all the plans and contracts to the extent reasonably necessary for the support of the debtor and any spouse or dependent of the debtor.

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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