You can’t roll over a qualified ESPP to an IRA, can you? NUA?
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.
Permalink Submitted by Alan - IRA critic on Sat, 2023-03-04 17:52
Yes, you are correct.
Permalink Submitted by Robert Vashko on Sat, 2023-03-04 18:50
Thank you!