If it's not a lot of money why not cash out? IRA's aren't earning good interest right now. When I left I had the old fashioned pension, not the 401k but still. i never put into it so it's free money. If you cash out you will lose about 20% plus it's taxed higher but as I said, I didn't put into it so I took it. I didn't hurt me come tax time either because the taxes were taken out up front. Just my 2 cents.