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My husband was laid off from his employer about a month ago. He was contributing 15% of his earnings to a 401(k) that the employer was matching 25% up to 6% of contributions. His new employer does not offer a 401(k) so we cannot roll it over. We are not sure if we would be better off cashing it out, paying off a few debts, and then reinvesting in the Stock Market... or if we should just leave it where it is. Right now it is allocated as follows: 25% in Guaranteed Income (earning 6%), 5% in Pincus Wardburg International, and 70% in Fidelity Growth. We have only recently become Foolish, so now we are really looking at what is going on with investments. Any information will be greatly appreciated. Thanks.
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