NUA Timeline: “Trigger Events”

Everyone would prefer to pay less tax on retirement distributions to better enjoy their golden years. For
individuals with company stock, it is important to be mindful of the net unrealized appreciation (NUA) tax
break. The NUA process requires ordinary income tax be paid on the purchase price of the stock, but
appreciation is taxed at a lower capital gains rate. If you have NUA-eligible assets, this strategy can significantly lower your tax bill. However, ensure it is suitable for your situation and be aware of the strict rules surrounding the process.

For more insight on executing the NUA process correctly, click here to download “NUA Timeline: ‘Triggering
Events.’”

To learn more about ways to reduce your tax bill in retirement, contact our office at 516-294-5287 to schedule a time to visit.

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Disclaimer:

Any information provided on this blog is accurate and true to the best of our knowledge, but omissions, errors, and mistakes are a possibility. The information presented on this blog is for informational purposes only and should not be seen as financial advice. Consult with a financial professional before taking any sort of action on the information present in this blog. We reserve the right to change how we manage and run this blog and we may change the focus or content of this blog at any time.