Virginia Financial Planning Exemptions

• Retirement Accounts Exemption: 100%
• Homestead Exemption: $5,000 plus $500 per dependent; rents and profits; sale proceeds exempt to $5,000 (husband and wife may double, unused portion of homestead may be applied to any personal property); if 65 or older, exemption is $10,000.
• Life Insurance Exemption: 100%
• Annuity (Non-IRA/ERISA) Cash Value Exemption: None

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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