Financial gurus here?

I think you need to get these funds in your control.
You have a year to sort this out and I suggest getting a financial advisor.
As mentioned you can roll these funds over into another form of retirement investment (this will delay paying taxes on them which assumes future taxes will be less than current taxes).
Or take the cash but you need to figure out the taxes you will owe.
Then there’s the combo option: take a little cash to pay off some stuff and roll-over most into a retirement account.