Did you go to many interviews and heard them discussing 401k plans? If you’re not familiar with the term, it is simply a retirement savings plan funded by both the employee and employer. Such contributions are put forward from your salary before taxation, and your employer is expected to put in a matching contribution. Employers will often dread such an arrangement due to the contribution limits. 401k contribution limits depend on both the government and employer restrictions. You’ll find that many employers will limit your contribution to a certain percentage – make sure you look out for such a term in your job offer or contract. The best advice you can follow is to start a 401k plan today.