Your State May Take Back the NUA Savings — federal savings are only half the analysis. NUA Follow-Up Series Part 1.
Tax & Estate Planning

Your State Tax May Take Back the NUA Savings Your Federal Return Earned

The federal NUA tax break can save retiring executives over $600,000 — but your state may claw much of it back. This first follow-up article maps which states preserve the advantage, which erode it, and the one question worth answering before the distribution becomes irreversible.