Retirement plan trigger events (death, disability, separation from service, or reaching age 59 ½) come with an opportunity. If you have company stock in an employer-qualified retirement plan, you may have an opportunity to elect net unrealized appreciation (NUA), allowing you to roll your company stock into a taxable account for potential tax savings.
Potential Tax Savings with NUA
Electing NUA is trading ordinary income tax rates for capital gain tax rates.
When an NUA election is made, only your cost basis (theRead More