Deloitte practitioners—I left the firm last year and discovered I have a small amount in my pension plan. Should I choose to take it as a lump sum or leave it there? The 3.8% interest isn’t guaranteed, according to the help line, and I could use that money to pay off student loans.

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Take it and move it into a pre-tax IRA account

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Pension can, and should be in most cases where the amount is not significant, be rolled over into a non-contributing IRA. Not a Roth IRA.

Every half decent brokerage firms will guide you in how to request the money from your current administrator, in how to open the correct IRA account, in how to fund and see it all up. Check Vanguard, Schwab, Fidelity or wherever you have other investment accounts.

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