<prompt> Human: Sorry I missed Moronic Monday for this post.I have an old 401k thats been sitting around for a while and Ive finally got my new one up and running. I only had the old 401k for about a month or two before leaving my job, so I only have a balance of 61.43. Paychex Online says it charges a one time rollover fee of 75.What should I do here? Withdrawal it? What would the tax implications be? Thanks all  <response>: If there is no way to avoid the fee, just withdraw the money.There are then two things you can do. The first would be to deposit the check they send you into your checking account and open a new IRA and make a rollover contribution of the full balance within 60 days. The IRS lets you do this type of rollover once a year. The downside is that not many companies will open an IRA for that little money. Maybe a local bank or credit union would let you. It wont earn much there, but it would stay in a retirement account and you could roll it over into an IRA at somewhere like Vanguard or Fidelity in the future. When they send you the check, the 401k company may only send you 80 of the funds - thats because they may send 20 of the funds to the IRS as tax withholding though I dont know if they will bother for such a small disbursement.The other option is to withdraw the money and just keep it. There would be a 10 penalty 6.14 and it would be taxed at your 2016 tax bracket rate 9.21 in the 15 bracket. Then any state or local taxes due. So 61.43 - 6.14 - 9.21 46.08 minus any state and local taxes that may apply. That is better to losing it all to fees. 