George, I understand a employee may withdraw the employers stock when they terminate employement.
Income taxes are payable on the value of the stock when it was purchased in the plan.
A nifty estate planning application, stepped up basis and no tax. As always, consult a good attorney or CPA for tax advice. Income taxes are payable on the value of the stock when it was purchased in the plan. A nifty estate planning application, stepped up basis and no tax. As always, consult a good attorney or CPA for tax advice.