If you own employer-issued stock in a 401(k) plan, you may benefit from favorable tax treatment under the NUA rules. But, to qualify for an NUA distribution, you must satisfy several very important rules, some of which are often misunderstood.
To help make this analysis easier, we are offering the “Can I Do a Net Unrealized Appreciation (NUA) Distribution?” flowchart. It addresses some of the most common issues that arise when you’re thinking about doing an NUA distribution. This flowchart considers:
- What type of stock qualifies
- Triggering events that must be satisfied
- Timing considerations
- Tax impact of cost-basis and gains