When I file for Chapter 7 bankruptcy I will have about $5000 in cash in the bank beyond what I can exempt under my state's exemption laws. I want to try and protect this money by adding it to my IRA. I know I am allowed to add this amount to the IRA in a given year without exceeding any IRS limits. Can I put this money in my IRA before filing for bankruptcy, and thereby protect it under the rule that money in retirement accounts is exempt, even though I am over 59 1/2? I am asking because, since I'm over 59 1/2, it seems like the court might view this as "gaming the system" to avoid turning the money over to the trustee. Thanks for assistance.