No. of Recommendations: 1
Because if you sell the stock in the 401k, you WILL pay income taxes on it. If you do NUA correctly, you will pay capital gains (capped at 15%) on the difference between the purchase price and the sale price. For someone that has worked for 20 yrs with a 500k account, this easily amount to over 100K in savings.

If you own your own company stock in your 401K - RUN to your nearest broker (even the broker at your bank - if they are series 7 licensed can do this) and do this when you retire.
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