Journal Entry #3

In my Internship class this week, my professor decided to further inform the class on jobs and their benefits. Its always important to check what exactly comes along with your job. How many vacation days do you have? Does your job provide 401k? Do they provide IRA? Does the job you are eyeing offer tuition assistance? What about providing healthcare? It’s crucial to know these things before agreeing to a job. I also learned more about 401k and what exactly that means for me at my age. By finding a job that provides this I’m able to invest in my own future. 401k is a tax-advantaged, defined-contribution retirement account offered by many employers to their employees. By working at a certain job, i can make contributions to my 401(k) accounts through automatic payroll withholding, and my employers can match some or all of those contributions. Initially I didn’t take too much notice to these things despite the fact that would have to be worrying about it very soon. I knew a little bit about this stuff but I uncovered a lot of more information.