Gordon P. Jones, trustee of the bankruptcy estates of Jerry L. Harrelson and Lorraine H. Harrelson (“Trustee”), appeals the judgment of the district court affirming the decision of the bankruptcy court. The Trustee argues that a brokerage account purchased with workers compensation benefits no longer retains its character as workers’ compensation benefits exempt from creditors under Florida Statutes § 440.22. However, we agree with the district court that proceeds of a workers’ compensation lump sum settlement retain their character as “workers’ compensation benefits in the hands of the beneficiary” when those proceeds are deposited in a brokerage house deposit account and used to purchase securities. See Broward v. Jacksonville Med. Ctr., 690 So.2d 589, 591 (Fla. 1997). The judgment of the district court is, therefore,

AFFIRMED.