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I am a 48 year old nurse. I have been at my present job for 12 years and have about $23,000 in my pension. I also have about $20,000 in a tsa with 25% employer match. I plan to move to a new job soon. I can either rollover the money in my pension to a new account or take cash. If I take the cash, I would use it to pay off credit card debt and to pay off my car loan. This would free up about $500 per month which I could put to better use by investing it. Is taking the cash a good plan or are there problems with this that I don't see?
Thanks for your help.
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