NUA Choice: A Tax Strategy to Consider If You Own Company Stock

Parts of this article are published with permission from Bradford Tax Institute, © 2021 Daniel Morris, Morris + D’Angelo Are you an employee who owns your corporate employer’s stock inside a company 401(k), employee stock ownership plan (ESOP); profit sharing plan, or other qualified employer-sponsored retirement plans? If so, you should start thinking about what to do with the stock when you retire or leave your employer. Your decision can have big tax consequences. Most people don’t think about it and simply roll the assets from their employer retirement plan into an IRA or a 401(k) with their new employer (if they’re changing ...