The pool of money in your employer's retirement plan may represent years of hard work. No doubt you would like to handle those funds in the most tax-advantaged manner possible. This strategy is generally not recommended, as the taxes involved can be substantial and are generally due in the year of the distribution. The Salomon Smith Barney Rollover IRA gives you the extensive investment options and professional guidance that only a global, full-service brokerage firm can provide.
Charts are for illustrative purposes only.
This potentially money-saving strategy allows you to pay tax on a portion of the stock at the capital gains rate, which is always lower than your income tax rate. For more information on NUA, see our guide to Net Unrealized Appreciation on Employer Stock . For more information on both IRA Rollovers and NUA, please see The Salomon Smith Barney Guide to Lump-sum Distributions . Once you have decided on the appropriate retirement accounts, it is helpful to chart an all-inclusive retirement savings course. Our Retirement Planning Analysis can assist you in mapping out an effective retirement savings plan.