I have 401k plan from previous work. I am over 60 years old and no longer work. My 401k consists of mutual funds. It also consists of company shares. Can I ask 401k administrator to directly rollover all my mutual funds and SOME of my company shares amount to IRA account and the remainder of company stock shares amount to be distributed directly to me. Would I be able then utilize NUA technique for the company shares amount that were directly distributed to me by ComputerShare (such as by check). If yes what would be mechanism for that? The reason I want to do it — that I have been told that I can use Frank Duke method — where the amount corresponding to cost of company shares would be put into IRA and the rest of company shares amount to be put into brokerage account. If that the case — how would 1099Rs look like? I understand the potential risks associated with Frank Duke method, which relies on private letter IRS ruling. Thank you.