Alabama Financial Planning Exemptions
Retirement Accounts Exemption: 100%
Homestead Exemption: $15,000 and 160 acres, to the extent of any property interest held; if
jointly held, each spouse may claim exemption separately.
Life Insurance Exemption: 100% for insurance on self or spouse payable to self, spouse or children.
Annuity (Non-IRA/ERISA) Cash Value Exemption: A judgment debtor can exempt up to $250/month in annuity payments (aggregate).
Anything over $250/month, the court may order debtor to pay the judgment creditor.
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