Debtors appealed a bankruptcy court ruling that an ERISA retirement fund was an asset of debtors' estate and was not exempt under either federal or Utah law, within the meaning of 11 U.S.C. § 522(b)(2)(A). The district court noted, first, that debtors could not avail themselves of the otherwise applicable exemption in § 522(d)(10)(E), both because Utah is an opt-out state, and because § 522(d) exemptions are excluded from the federal exemptions that debtors may claim under § 522(b)(2)(A). The court further determined that the Utah statutory exemptions on which debtors had relied were "related to" ERISA, and therefore preempted by that Act. The bankruptcy court ruling was affirmed.