The Nuances of NUA: Can an Oft-Overlooked Tax Strategy Work for You?

“How can I reduce the amount I owe the government in taxes?” That’s the question on many a taxpayer’s mind as the April 15 filing deadline approaches.

For people who are participating in a employer-sponsored retirement plan and whose plan assets include stock in the company that employs them, capitalizing on a provision in the federal tax code pertaining to the tax treatment of appreciation in the value of company stock held in a retirement plan may substantially reduce their tax tab.

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