Thread regarding Nike Inc. layoffs

401K Rollover & Nike Stock

If your Nike 401K plan includes Nike stock or investment in the Nike Stock Fund, familiarize yourself with Net Unrealized Appreciation (NUA) BEFORE you rollover your 401K plan. There is significant tax savings to taking advantage of NUA, especially if the cost basis of your Nike stock is low. Nike Benefits should be able to provide you with the cost basis.

https://www.goodfinancialcents.com/net-unrealized-appreciation/

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Post ID: @OP+P4M8rxp

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Post ID: @oMrhr+P4M8rxp

Thanks for pointing to this - in a mad rush to cover all bases as I depart this was off the radar. Thanks @P4M8rxp

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Post ID: @oxn+P4M8rxp

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