One thing not considered in the article is benefit...

2008-08-19T12:37:00.000-05:00

One thing not considered in the article is benefits. Sure 401k is just one benefit but what about medical, vision, and dental? Or paid time off and sick leave?

There is more to any job than just a 401k match. The company not matching might pay 90% of health insurance premiums. Which today we all know is just as quickly falling as the pension.

But the job with the match might only offer an High deductible health plan. Which isn't as cool. Or you might have to pay a higher percentage.

In today's world there are so many benefits. My DH and I get minimal matches and small bonuses compared with our neighbors who are both MBAs. BUT our health insurance, dental, vision, and premium costs are VASTLY SUPERIOR. We pay almost nothing out of pocket, $10 Co-pays for everything, $500 deductible, etc. You get the picture!

So whose winning? Them with their 25% year bonus and 5% 401k? Or us with our superior medical coverage, where to have a baby I'll pay $50 and she'll pay $5k + a portion of the excess?

Or my DH gets 26 days vacation a year, they get 10 days. Hmmm...hard call which job is better.

Comments on Wisdom Steps 101 ... Be Weird...Be Debt Free: Making 401(k)'s Part of Your Job Hunt

One thing not considered in the article is benefit...