When you begin a fresh job, there is a lot to learn and not just how you will do the job you have been hired for, but also understanding your employee benefits is very important. Retirement benefit, aka 401k, is the longest lasting benefits you will need to know about. Before you are even hired, you should ask your employer, do you have a 401k plan?
One of the main reasons I joined my employer was their 5% match to 401 (k) plan. Which is now at 6% and expected to go higher in next year or two. That means if I contribute at least 6% of my paycheck towards 401k my employer would match the same amount. This is the free money you don’t want to lose out.