Catch The Company Stock Tax Break While You Can


Diane Morgenthaler advised employees who are older than 59 ½ and face employer elimination of company stock from their 401(k) plans that many large companies allow older workers to take “in-service nonhardship” lump-sum distributions, moving employer stock to a brokerage account and the remaining 401(k) holdings to an IRA. After the move employees can still make new 401(k) contributions and get employer-match dollars. Read the full article