5th Circuit:  Retirement Accounts Could Be Seized To Pay Restitution

Mealey's (March 8, 2021, 12:18 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on March 4 upheld a ruling that allowed the federal government to garnish the funds in a health care fraud defendant’s individual retirement account (IRA) and a revocable living trust to pay restitution for his guilty plea, overruling the defendant’s argument that the funds are not subject to the child support exemption because the funds are not “other income.”...