Help me make a decision. So while having a discussion about debt, my husband remembered that he has two 401k accounts from over a decade ago that he’d forgotten about. I know we had conversations about them like 5 years ago but they haven’t been thought about since. One is on a hold and earning nothing at about $4000 and the other is about $7, 460 now. We have stopped contributing to his current 401k until our debt is payed off. We can roll over the money to his 401k (and pay taxes) or cash out (and pay taxes + IRS fee) and pay off some debt. We currently have His car: Original loan: $34, 000 Remaining: $11, 405 Interest rate: 6. 4% Monthly payment: $565 My car(it was an “oh crap we have our 4th baby due in 3 weeks and need a mini van” moment) : Remaining: $11, 650 Interest rate: 13. 9% Monthly payment: $238 My car would be the debt we tackled because the interest paid over time is going to be significant. Bad idea?