So a company just offered me a job and I came from a big corporation with great benefits, stock option plan, and a 401K. This job does not offer a 401k and the insurance plan is an HMO. Does anyone have any opinions on this? I don’t know much about either, but both kind of turn me off…
If you are pretty healthy, an HMO isn’t too bad, especially if its a low out of pocket HMO. I’ve had one now for 6 years. Its ok, because my family is young and healthy. There are lots of health centers near us as well. During this time I’ve had three kids, and each delivery had a maximum out of pocket of $500.
As for a 401K, they’re nice, but right now, not a lot of companies can offer the matching. You can always have your own Roth IRA. Yes, you miss out on the matching funds from the employer, but you are still saving for your future.