IN RE JONES

Bankruptcy No. 92-01750.

142 B.R. 950 (1992)

In re Kenneth Allen JONES and Elsa Margarita Jones, Debtors.

United States Bankruptcy Court, W.D. Washington, at Seattle.

July 7, 1992.


Attorney(s) appearing for the Case

Kenneth O. Eikenberry, Atty. Gen., Mary C. Lobdell, Asst. Atty. Gen., Olympia, Wash., for State of Wash.

Peter H. Arkison, Bellingham, Wash., for trustee.


OPINION ON MOTION FOR SUMMARY JUDGMENT

SAMUEL J. STEINER, Chief Judge.

FACTS AND PROCEDURE

The trustee has filed a motion for summary judgment on the issue of whether the debtors may properly exempt Mr. Jones' interest in his Boeing VIP Plan (Voluntary Investment Plan). The Boeing VIP is a § 401(k) plan as defined under the Internal Revenue Code, and is covered by the Employee Retirement Income Security Act (ERISA). Under the Plan, an employee...

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