NUA
An individual holds appreciated company stock in both a 401(k) & ESOP. However the company stock is listed on a foreign stock exchange only
Does the individual qualify for NUA treatment assuming all other requirements are satisfied?
An individual holds appreciated company stock in both a 401(k) & ESOP. However the company stock is listed on a foreign stock exchange only
Does the individual qualify for NUA treatment assuming all other requirements are satisfied?
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Permalink Submitted by Alan - IRA critic on Mon, 2017-06-12 23:14
Yes, NUA can be utilized with foreign stock with a proper lump sum distribution. To be sure, ask the plan administrator if the 1099R will show NUA in Box 6.