The money pay is supposed to help you out until you can get another job. "‘This is where we can cut.’ Do that as part of a severance package. “Once you leave the company, you’re going to have an expiration date on those options,” Rosso said. Fund your healthcare savings accountLastly, if you haven’t funded your healthcare savings account, consider using some of your severance pay to do that. He has more ideas to consider if you are risk of getting a severance package here.