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re: Cashing out retirement pension - Options

Posted on 8/22/23 at 9:34 am to
Posted by makersmark1
earth
Member since Oct 2011
16034 posts
Posted on 8/22/23 at 9:34 am to
quote:

Or roll it into a Roth IRA and begin building that up?


If the monies came out pretax, you would need a traditional IRA to roll it too unless you want to pay taxes.

Paying off consumer debt is a great idea.
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