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what does it mean when a supplemental retirement plan or a non-qualified deferred comp plan liquidates this is something that our associates out at l brands are dealing with right now were getting a lot of questions so what does it all mean a few things you should know number one how will this distribution happen is this a plan that can be rolled over into an ira continue to defer those taxes unfortunately no this distribution is going to show up on your paycheck so youre going to get it on your pay stub its just going to hit your account just like you get paid every two weeks and youre just going to get hit with a large amount of cash even if you elected to receive your distributions in installments thats all going to be accelerated um having a lot of cash on hand sounds like a good problem to have but but then what do you do with it believe it or not weve got all kinds of great ideas for that so so what about taxes yes this distribution is taxable at your ordinary income tax br