<prompt> Human: Hi there. Been offered my first real full time job. Its entry level but they are offering benefits including 401K. I have to go in soon to fill out the paperwork and I was wondering, what I should be aware of or what I can expect? Every other job has either been part time or student work so I never had that additional layer of paperwork and Im not sure how it all works. Im also currently still covered medically by both my parents 22, however my father is planning to retire within the next year so itll only be under my moms if that matters. I guess my question is mostly about paperwork and if theres anything I should know while I fill it out.Thanks for your help.  <response>: Put something in your 401K, if you can.Before the stock, tech, and other big booms, and after they are all gone, save 10 of every dime you earn. Its a tried and true strategy. If your parents are willing to cover you medically for free, ride that horse as long as it lasts. After your Dad retires, the medical insurance may be too much for your Mother. Get ready for shock and awe when you see all the taxes taken from your pay!Also, as you figure up your true amount of expenses for the month and year, prepare to be shocked again, and decide what you will live cheaply on, or without.Good luck. Also, take Your Dad To Dinner! 