easy · Certified Financial Planner Investment Planning

The Solis household is evaluating a Net Unrealized Appreciation (NUA) strategy for employer stock within their 401(k). The stock has a current fair market value of $200,000 and a cost basis of $165,000.

Why might a fiduciary recommend against the NUA election in this specific case?

  1. The NUA strategy is not available for 401(k) plans
  2. Capital gains on NUA are always taxed at ordinary income rates
  3. Lump sum distributions are no longer allowed under SECURE 2.0
  4. The cost basis is too high relative to the fair market value

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