easy · Certified Financial Planner Investment Planning

A client is considering moving employer stock from a 401(k) to a brokerage account using the Net Unrealized Appreciation (NUA) strategy. The planner warns that if the cost basis of the stock is too high, the immediate ordinary income tax hit may outweigh the benefits.

At what approximate cost basis level does the 'NUA Bottleneck' typically occur?

  1. 5% - 10%.
  2. 50% - 85%.
  3. 10% - 15%.
  4. 20% - 25%.

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