<prompt> Human: I have started an internship at an engineering consulting firm and they offer 401k plans to anyone over 21 I am 22. They automatically put 3 of my paycheck in to a 401k funded with Mass Mutual.nbsp;I am still a student and will graduate in May. I have about 5.5k in my bank account, 15.5k in a roth ira fund, 7k in fidelity mutual funds, 7.5k in stocks. I will probably make around 8-10k before I graduate in May. Currently I do not need much cash as I am on scholarship, my expenses will be only about 2-3k, definetly under the amount I have in cash and I will graduate without any student loans.nbsp;My options are to opt out of the 401k so I can invest my money elsewhere, change the percentage anywhere from 1-100 of my paycheck, or to switch plans to a roth 401k rather than a regular.nbsp;My dad who is an accountant and the one who taught me everything so far about investing has recommended putting 50 of my paycheck into a roth 401k since Im in a low tax bracket and dont need cash now. Mass mutual has target based plans so he said put half in a 2045 plan and half in a 2050 plan. What would the best plan be?  <response>: The Roth is a good idea at your income leveltax bracket. I wouldnt bother splitting between 20452050 as theyll be almost identical. If the internship doesnt go full time then youll just want to rollover the 401k to IRA anyways. 