Whether or not your IRA is protected if you file for bankruptcy depends on what state you live in. Click on this link to find out if you are protected in your state:
http://www.journalofaccountancy.com/Issues/2006/Jan/ProtectRetirementAssets#state

Please remember that Sunwest Trust does not provide tax or legal advice. If you have any questions about this please consult a CPA or a tax attorney.