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SERP withdrawals are taxed as regular income, but taxes on that income are deferred until you start making withdrawals. Much like other tax-deferred retirement plans, SERP funds grow tax-free until retirement. If you withdraw your SERP funds in a lump sum, you'll pay the taxes at all once. Supplemental Executive Retirement Plans (SERPs) SmartAsset https://smartasset.com › retirement › supplemental-retire... SmartAsset https://smartasset.com › retirement › supplemental-retire...
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