4 Mistakes Can Cost You 6 Figures If You Own Company Stock in Your 401k

Company stock gains in your 401k are generally taxed as ordinary income, at rates up to 37%. What if yours could qualify for far lower capital gains rates? One evaluation can decide. Many executives never run it. They've never even heard of it. In this webinar replay, David L. Dunn, CPA/PFS, CFP®, CPWA®, exposes four critical mistakes that can cost you tax savings you can't get back, and reveals the strategy that connects them: Net Unrealized Appreciation (NUA). The mistakes: Rolling over your 401k to an IRA. Selling company stock in your 401k. Taking a withdrawal from your 401k. Or doing nothing after a sharp drop in your company stock. David covers: • The tax gap: ordinary income rates versus long-term capital gains rates on the same company stock • 401k Critical Mistake #3: rolling over your 401k to an IRA before evaluating NUA • 401k Critical Mistake #4: selling company stock in your 401k before evaluating NUA • 401k Critical Mistake #5: taking a 401k withdrawal before evaluating NUA • 401k Critical Mistake #6: doing nothing after a sharp drop in your company stock, and how a cost basis reset may lower your taxes • The $969,000 question: how $6,000,000 of company stock in a 401k can face two very different tax bills (illustrative example) Designed for executives and high-income professionals who hold company stock in their 401k. Run the evaluation before you act, not after the window has closed. Learn more about David Dunn Wealth at DAVIDDUNN.COM Subscribe to follow The Critical Mistakes Series™. David Dunn Wealth, LLC (DDW) is a member firm of The Fiduciary Alliance, LLC (TFA), a Securities and Exchange Commission registered investment advisor. See full disclosure at www.daviddunn.com/disclosures. This content is for informational purposes only and should not be construed as investment advice or an offer to buy or sell securities or other financial products. DDW does not provide accounting services. While information is based on sources deemed reliable, its accuracy is not guaranteed. DDW is independent and not affiliated with, endorsed by, or sponsored by Boeing, Microsoft, or their affiliates. Any reference is for illustrative purposes only. Always consult your own advisor before making financial decisions.