You can't roll over a qualified ESPP to an IRA, can you? NUA?

Submitted by Robert Vashko on Sat, 2023-03-04 17:34

I rarely deal with ESPPs – usually, ESOPs, 401k & 403b.

My understanding about qualified/423B ESPPs are 1.) they are not eligible for rollover into an IRA (though the sale proceeds of the company shares could be used to contribute to a Roth if you wanted); and 2.) NUA is not available for ESPPs – only for pre-tax employer-sponsored plans.

Am I correct on both counts?

Please and thank you.