Mississippi Financial Planning Exemptions
- Retirement Accounts Exemption: 100%
- Homestead Exemption: up to 160 acres not exceeding value of $75,000.
- Life Insurance Exemption: 100% but cash surrender value limited to $50,000 if applicable premiums or deposits made within 12 months of issuance.
- Annuity (Non-IRA/ERISA) Cash Value Exemption: Policy proceeds are exempt as long as the contract has a spendthrift clause.
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Yes, You Can Lose Everything!
You may think that your wealth is safe and that you don't need protection. But don't delude yourself and accept reality — for every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!