With Stocks Rising, Now Is the Right Time to Tackle 401(k) Taxes

July 14, 2021

By Andy Ives

The bulging stock market, combined with a wave of employees leaving their jobs either through retirement or layoffs in the wake of the pandemic, has created a perfect storm of opportunity for tax planning with company stock in a 401(k). Additionally, many plan participants do not even realize their 401(k) account balances have grown exponentially. If ever there was a time for mastering the nuances of the net unrealized appreciation (NUA) tax break, it is now.