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  • From: bubster67
  •   To: All
  • 1 of 1
  • 5/14/08
My wife and I have about 40k in student loans, 3k in credit cards, and a 25k 401k loan worth of debt. I have about 100k in my 401. Is it a good idea to cash out my 401k account and pay off all our debt then take the balance and put it into an Ira? we are 40 years old.