<prompt> Human: So like the title says i was let go from my previous job, i am a student and i need the money so i can pay off bills and my student loans. That money could be really helpful. I am wondering what would happen if i tried to take it out, how can i take it out, and should i take it out or let it roll over into my next job i get. Thank you! I am on mobile  <response>: 800 is a small amount. i dont think it would make very much difference what you do with it. With sums less than 1000 dollars the company managing your 401k will usually automatically mail you a check. You can contact the 401k company and have it rolled over to your new companies 401k, or an IRA.If you take it out you will pay a 10 penalty. I took a disbursement due to financial hardship, the tax bill created more hardship. It really wasnt worth it. You should roll it over. 