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Intern With a 401(k)? Here’s How to Make It Pay

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Some interns spend their days fetching coffee. Others get their hands on something even hotter: their first 401(k).

Not so long ago, scoring an internship that actually paid might have seemed novel. But recent studies by the National Association of Colleges and Employers have found that among graduating college seniors, paid internships are increasingly the norm, and that at least half of employers report offering 401(k) plans to their interns.

If you scored an internship that comes with a 401(k), here are three things you need to know.

1. It’s not too early to think about retirement

During an internship, planning for retirement probably isn’t one of your top priorities — and understandably so. That said, it’s never too early to begin...

Continue reading on www.nerdwallet.com

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