Book Riots Deals of the Day for October 24th, 2019

Book Riot’s Deals of the Day for October 24th, 2019 Sponsored by Bitter Orange by Claire Fuller, Now in Paperback. These deals were active as of this writing, but may expire soon, so get them while they’re hot! Todays  Featured Deals The Exorcist  by William Peter Blatty  for $1.99. Get it here, or just click on the cover image below. Destroyer by Victor LaValle for $4.99. Get it here, or just click on the cover image below. The Dark Dark  by Samantha Hunt for $2.99. Get it here, or just click on the cover image below. Let the Right One In by John Ajvide Lindqvist  for $2.99. Get it here, or just click on the cover image below. In Case You Missed Yesterdays Most Popular Deals Spinning Silver  by Naomi Novik for $2.99. Get it here, or just click on the cover image below. The Ladys Guide to Celestial Mechanics by Olivia Waite  for $3.99. Get it here, or just click on the cover image below. Previous Daily Deals That Are Still Active As Of This Writing (Get em While Theyre hot!): Mrs. Martins Incomparable Adventure by Courtney Milan for $2.99 Toil and Trouble: 15 Tales of Women and Witchcraft edited by Tess Sharpe and Jessica Spotswood for $1.99 Complete Stories of Clarice Lispector by Clarice Lispector, translated by Benjamin Moser and Katrina Dodson  for $2.99 Intercepted by Alexa Martin  for $2.99 Hearts Unbroken  by Cynthia Leitich Smith for $2.99 Devotion by Dani Shapiro  for $1.99 Ruhlmans Twenty by Michael Ruhlman for $2.99 Ten  by Gretchen McNeil for $1.99 Revenge by Yoko Ogawa, translated by Stephen Snyder for $2.99 White Rabbit by Caleb Roehrig for $2.99 Coraline Graphic Novel by Neil Gaiman and adapted by P. Craig Russell for $1.99 The Bone Houses by Emily Lloyd-Jones for $2.99 Cross Her Heart by Sarah Pinborough for $1.99 Deerskin by Robin McKinleye for $1.99 Inspector Singh Investigates: A Curious Indian Cadaver by Shamini Flints for $3.99 Meddling and Murder: An Aunty Lee Mystery by Ovidia Yu for $2.99 Halloween Party: A Hercule Poirot Mystery by Agatha Christie for $1.99 Whatever Happened to Interracial Love? by Kathleen Collins for $3.99 The Angels Game (The Cemetery of Forgotten Book 2) by Carlos Ruiz Zafon, translated by Lucia Graves for $2.99 The Once and Future King by T. H. White for $1.99 Destinys Captive by Beverly Jenkins for $1.99 A Brief History of Seven Killings by Marlon James for $1.99 The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz for $1.68 The Devil’s Star by  Jo Nesbø for $1.99 The Collector’s Apprentice by  B. A. 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Paine s The Age Of Reason - 1192 Words

Paine s American Pamphlet (to be independent from England - 1776) 48 pages in duration Thomas Paine (1737 - 1809) Anglo-American political activist / philosopher. Author of The Age of Reason. - - - Common Sense was an addressing for the America people, I doubt Thomas Paine intended the book to go beyond print and into the realm of digital media eight years ago. Now America again is about to elect another commander and chief on November 8th, I felt it was time to reinstate the words of Thomas Paine s Common Sense; it s avidly a man s sentiment for a nation; whereby comprehending the nation s origin and do so with a honour and duty is vital to the role of a President. Whatever the 2016, Race to The White House result, I†¦show more content†¦Deep respect resides for centuries and in our weak hours during the Battle for Britain, the Americans came to our aid. Not much has changed during the seventy years, the special relationship remains; common sense prevailed and we continued to co-exist in our unbreakable ideology, in the free world - Civilised nations idolized the Western ideology and replicate it as a vigorous form of idealism. Pre- 1776, America may have chosen Empire rather than Republic, alas the strong British connection albeit, the caste system i.e. slavery had annexed off into undisclosed societal divisions, Thomas Paine of Thetford didn t adhere to the in-justness of servitude. In fact Britain republican virtues were non-existent, the values were notably borne to America not transmitted / inherited. What is exposed is the germinal moral energy of Paine, for he who knew of the Welsh coal miners who fled their grim valleys and whose sorrowful place names still dot the map of Pennsylvania, to which the Americans bought a piece of tradition and organization; see the Appalachian Mountains, renown for anthracite mining. Under the chapter: of the origins and design of governments in general, remarks on English Constitution; Paine delivers on Absolute governments are necessary because of the disgrace of human nature; if the people suffer then they know where their sufferings springs from, andShow MoreRel atedThomas Paine s The Age Of Reason1666 Words   |  7 PagesIn this contemporary era more people do not identify with God and in turn have become more skeptical of God. This shift can be seen in Thomas Paine’s The Age of Reason; which is an excellent example of deism. Paine spares no detail on why he does not believe in the Bible and why he does not believe God is continually working in the world. Jonathan Edwards’ sermon, A Divine and Supernatural Light, on the other hand, adamantly believes in the Bible and that God is actively present in the world. Edwards’sRead MoreThomas Paine : Towards An Independent Nation1718 Words   |  7 PagesThomas Paine: Towards an Independent Nation Thomas Paine is most known for his influence in the freedom loving American colonies. With his excellent use of rhetoric and his charisma, he quickly began to gain followers. In his writings, such as Common Sense, The Rights of Man, and The Age of Reason, he used these skills to call the Americans to action. Thomas Paine influenced American society and literature with his argumentative pamphlets and influential writings which inspired AmericansRead MoreThe Age Of Reason By Thomas Paine1089 Words   |  5 PagesThomas Paine was an influential 18th-century writer of essays and pamphlets. Among them were The Age of Reason, regarding the place of religion in society; Rights of Man, a piece defending the French Revolution; and Common Sense, which was published during the American Revolution. Common Sense, Paine s most influential piece, brought his ideas to a vast audience, swaying (the otherwise undecided) public opinion to the view that independence from the British was a necessity. Thomas Paine wasRead MoreThe Age of Reason and Revolution Essay810 Words   |  4 PagesThe Age of Reason and Revolution Many individuals that lived in the period of time known as the Age of Reason, discovered many new inventions and advancements to improve the quality of life. Some of these advantages brought fourth new ideas to extraordinary people who forever changed the way we look at life. Although many people found these discoveries to bring great revival to mankind, others rejected these new improvements and felt as if they were defying god. TheseRead MoreThe Was A Man With His Own Ideas1348 Words   |  6 PagesThomas Paine was a man with his own ideas. He was a strong supporter of the French Revolution. Paine Believes human rights are given by nature. Rights cannot be given by a government because that implies that human rights are legally allowed to be taken away from someone, thus making rights a privilege. He believes that the purpose of a government is to protect the individual and his/her inalienable rights that they carry. He claims that an illegitimate way of government is a monarchy and an aristocracyRead MoreThe Enlightenment By Thomas Paine And John Locke1709 Words   |  7 Pagesand science. Enlightenment thinkers who emulate these spreading of ideas include Thomas Paine and John Locke. Thomas Paine constructed The Age of Reason challenging traditional religion and validity of the Bible, while John Locke established The Second Treatises of Government which explained the need for a more civilized society with natural rights. Influences from enlightenment thinkers like Locke and Paine, are what shaped individuals attitudes about politics and religion within their societyRead MoreCommon Sense1686 Words   |  7 Pagesof Thetford, County Norfolk. Joseph Paine and Frances Cocke were the parents of Thomas Paine and they both wanted him to become something in a higher profession other than to follow his father’s trade. With this intention, his parents made a sacrifice to enrolled Paine into the local grammar school at the age of six in hopes of him becoming a lawyer or a doctor but unfortunately, Paine dropped out of school later on in the years to follow his father’s trade. Paine didn’t do so well at that either andRead MoreHow Did Thomas Paine Influence The American Revolution795 Words   |  4 PagesThomas Paine was an England born political activist, theorist, philosopher and revolutionary. He was an influential writer of essays and pamphlets. His works included â€Å"The Age of Rea son, â€Å"Rights of Man† and the widely known and well accepted â€Å"Common Sense†. He is one of the Founding Fathers of the United States and had a major influence on the American Revolution by helping shape many of the ideas that marked the Age of Revolution. His extremely popular Common Sense pamphlet (which I will be discussingRead MoreThe Document Common Sense By Thomas Paine1714 Words   |  7 Pages The document Common Sense by Thomas Paine was written in 1775, and published in 1776. Though, in order to be shared with the public, Thomas Paine had to be inspired first. Some of the more common inspirations were derived from the ideas of John Locke and Thomas Hobbes. The main points of Thomas Paine’s document were to separate from English rule and to form a democratic nation. Some of John Locke’s most common ideas of the human nature were that humans needed independence to thrive, a statementRead More Thomas Paine Essay1437 Words   |  6 PagesThomas Paine For many years Thomas Paine was the epitome of American histories greatest drawback. In American history there is always that one detail that doesn’t make it into popular curriculum. Whether it be the point of view from the loosing side of a war, to the secret dalliances of a popular politician, to the truth of a times social opinion- the American student is taught only so much. The most proper, popular material makes it in; along with any major facts too commonly known to ignore

Dr. Gallo And The Band Played On Essay - 2087 Words

And the Band Played On surprised me with its intricate character development. I found myself becoming attached to characters and heartbroken as I found they had contracted the HIV virus and made me root for research to find a vaccine or cure. Out of the characters presented in the film, I decided to focus on two main ones: Dr. Robert Gallo and Dr. Don Francis. These two characters stood out because they were so contrasting to one another. I also felt myself becoming angry at these characters and some of the decisions they decided to make. In summation, I will analyze these characters and determine which actions I believe were right and which were wrong in helping advance the research of AIDS in relation to the movie And the Band Played On. Even though the character Robert Gallo appears later in the film, he plays a significant and frustrating role in ‘And the Band Played On’. Dr. Gallo is a well-known scientist who had at the time won many awards for succeeding in the medical field, so many in fact that it seemed as though he started to become a fame-hungry doctor. Instead of doing what was best for humans the only reason he took on researching HIV in the first place was because he was after the Nobel, and he never portrayed that he cared that there were people dying from this horrible disease. They may never have been able to stop the disease in its tracks, but they may have been able to raise awareness faster if it had not have been for Dr. Gallo’s self-centered ways andShow MoreRelatedAnd The Band Played On1723 Words   |  7 Pages And The Band Played On By Randy Shilts And the band played on is a true story published in 1987 that illustrates the AIDS epidemic. The AIDS outbreak started in this book around the 1970’s and is still around in today’s society. Randy Shilts wrote this book in order to show the many errors that occurred and killed while trying to find what this virus was and how it was spread. Many people during this time were affected by this virus especially in New York and San-Francisco, which is where mostRead MoreFilm Critique Paper: and the Band Played on1627 Words   |  7 PagesFilm Critique Paper And the Band Played On The movie is about the first couple years of AIDS, mostly in the United States. It tells the political as well as the scientific struggle that occurred with the discovery of AIDS. The main character Dr. Don Francis heads the research of AIDS with little money and little help. This was because AIDS was considered the â€Å"gay man’s disease† and there was more emphasis on who discovered the disease than actually helping those who had it. Basically, theRead MoreThe Band Played On Film Directed By Roger Spottiswoode848 Words   |  4 Pages And the Band Played On [1] is a 1993 Drama-Television film directed by Roger Spottiswoode about the early research of the AIDS epidemic in the 1980 s. The film portrays how powerful a society s view has on a group when homosexuals suffer prejudice by society and view them as the cause of a new disease. The film greatly focuses on Dr. Don Francis, who previously contained the Ebola fever to prevent it from continuously spreadin g, as he joins the Centers for Disease Control (CDC) to investigateRead More The Importance of Roger Spottiswoode’s Screen Adaptation of And The Band Played On4180 Words   |  17 PagesThe Importance of Roger Spottiswoode’s Screen Adaptation of And The Band Played On [1] Hollywood is no longer just a name, it is a business, a living entity holding America’s people in its grasp, and it is not about to let them go. Gradually taking on more responsibility and trying to build up its reputation over the years, Hollywood has progressively assumed the position of history-teller for the American public. This role, whether or not an appropriate one for an industry such as HollywoodRead MoreApplying Scientific Standards For Aids1433 Words   |  6 PagesThe HIV virus was an example of a rapidly spread virus that quickly made its way across the world, including North America, South America, Europe, Africa, and Australia (http://www.avert.org/professionals/history-hiv-aids/overview). In And the Band Played On, the doctors of The Center for Disease Control do their best to follow scientific standards while trying to deal with the disease, even with the politics of Reagan breathing down their neck. The issues they encounter are like the ideas propos edRead MoreThe, And The Band Played On983 Words   |  4 PagesThe movie, And the Band Played On, illustrates the beginning of the AIDS virus and how it unexpectedly spread across the world. It used the Ebola disease to indicate that there will be another severe disease surfacing. The world was not prepared to handle such a transmissible disease. Doctors globally presumed that the first cases of the HIV virus to be just a deformity of a specific disease. Their negligence of this issue was the beginning of the spread of this AIDS. Throughout the movie, it showsRead MoreThe Movie And The Band Played On955 Words   |  4 Pages AIDS brought on many ethical implications. As research was conducted AIDS became well known. The movie And the Band Played On tells the story of the discovery of HIV and AIDS and the political issues that went along in the scientific community. During the movie it showed how each patient with AIDS were treated like they were not part of the human race. The CD C tried their best to gather enough money for their research. Back then people were uneducated on what exactly the nation was up against.Read MoreThe Band Played On By Randy Shilts1777 Words   |  8 PagesThe film And the band played on is a screen adaption of the book and the band played on by Randy Shilts done by Roger Spottiswoode. This screen adaption is a story of epidemic that had medical researchers scrabbling to understand the horrifying and mysterious new disease of AIDS that sored across the United States of America. This story takes place during the initial 5 years of the breakout from 1980 to 1985. 1. What are the major theme(s) of the film? Hint use the concepts presented in class toRead MoreBureaucracy Has Been Twisted Over The United States Governance876 Words   |  4 Pages Like many words in the English language, bureaucracy has been twisted over the years to mean something different; much like how awful went from meaning â€Å"full of awe† to â€Å"very bad or unpleasant†. In And the Band Played On, we see organizational practices that obstruct progress referred to as â€Å"bureaucratic†, when the official definition refers to a system of governance where state officials make important decisions instead of representatives. A complete switch in how we see our administrationRead MoreFilm And The Band Played On By Director Roger Spottiswoode2238 Words   |  9 Pageshealth: biological, psychological, and sociological factors. These three factors had determined the spread of the disease in the late twentieth century, and they still affect the global distribution of AIDS today. In the documentary-film And the Band Played On (1993), director Roger Spottiswoode effectively showcased all three factors. The film is a chronological sto ry of the AIDS epidemic from the 1980s. The story of the epidemic garners attention when gay men in both the west and east coast of the

Nursing School Barriers Free Essays

Review of literature valued several other barriers that contribute to student being unsuccessful. The top barriers included lack of financial support, inadequate emotional support, low self-efficacy, and time constraints. A review of the literature found a major barrier interfering with the success of students is financial constraints. We will write a custom essay sample on Nursing School Barriers or any similar topic only for you Order Now Many Of today’s students are considered nontraditional and have many responsibilities outside of the classroom that require the student to work. If unable or not allowed to work, students risk losing the necessities needed for survival. For many, working hours are more than or equivalent to he time spent in class. Therefore, the work schedule and hours, interferes with the amount of time the student can dedicate to studying. Students are also working more to cover financial obligations to the school. With the rising cost vitiation, students faced the harsh reality of not being able to afford school (Peterson, 2009). Proactively, many have decided to attend community college instead of a university, in hopes of decreasing the financial burden so the number of hours worked can be decreased. Others are forced to work because the lack of available scholarships or financial aid. Most consider mans as a last result because of the interest rates and the fear of not being able to repay in the future. Nursing school can be mentally, physically and emotionally draining. Many students are not prepared for the challenges the body endures because of the emotional roller coaster of school. Many consider the idea of preparing for a profession where human life can be jeopardized if an error occurs very stressful. At the same times, are surrounded by family and friends who do not understand the ramifications if an error occur. Some students are the first in the family to attend college; therefore, family members may not understand why the student has to choose between family functions and studying. Students can face ridicule from family and friends because there is a lack of understanding as to the amount of time and dedication needed to complete a nursing program successfully. Time constraints also affect student success in nursing school. Students find it difficult to balance personal life and a school schedule. Students find the rigor of nursing school overwhelming. Often, in nursing, students are in the classroom six to eight hours a day and clinical can range from eight to twelve hours, two or three days a week. The school leaves little time for family or extracurricular activities. At least 35% of a student’s day is dedicated to class, studying and preparing for the next scheduled class (Department, 2014). Students with families struggle with feeling as though they have abandoned their responsibilities. Mothers returning to the classroom often feel guilt when not able to cook a meal or attend a child’s activity. As a result, many withdraw with the hope of returning to school when the children are more independent. Researchers have also found low self-efficacy contributes to the lack of success in the classroom. Self-efficacy is defined as ones belief in actual ability to complete a task (Bandeau, 1997). Thus, self-efficacy is a crucial concept in a student’s perception of capability to complete a nursing program. According to Brothers (201 AAA), self-efficacy has become an instrument in evaluating student’s outcome in the classroom. Lower self- efficacy students often avoid challenges and set less challenging goals. Many enter nursing programs lacking the confidence to be successful. The students often dwell on personal deficiency and attributes failures to bad luck. Lower self-efficacy students often doubt their ability to successful complete a urging program and often give up when faced with a challenge. How to cite Nursing School Barriers, Papers

The law of diminishing marginal utility free essay sample

The law of diminishing marginal utility means that the value of a good, the extra utility derived from good, declines as more of the good is consumed. The law of diminishing marginal utility pops up throughout the study of economics, it is most important to the study of demand and the law of demand. It offers preliminary insight into the age-old question: Why does the demand curve have a negative slope? The key to this connection is that the demand price that a buyer is willing and able to pay for a good depends on the satisfaction (utility) generated from consumption. A buyer is willing to pay a higher demand price if utility is greater or a lower demand price if utility is less. Marginal utility declines asthe consumption of good increases and as quantity demanded of good increases its price tends to fall. So this is clear evidence that for larger quantity consumers offer low prices because of low level satisfaction they gained from such large amount quantity. We will write a custom essay sample on The law of diminishing marginal utility or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The law of diminishing marginal utility has a direct bearing on the market demand, the demand price, and the law of demand. If the satisfaction obtained from a good declines, then buyers are willing to pay a lower price, hence demand price is inversely related to quantity demanded, which is the law of demand. The Law of Equi-Marginal Utility is an extension to the law of diminishing marginal utility. The principle of equi-marginal utility explains the behavior of a consumer in distributing his limited income among various goods and services. This law states that how a consumer allocates his money income between various goods so as to obtain maximum satisfaction. In other words, when consumer’s marginal utilities of last unit money spend on each good is equal, then he is said to be in equilibrium position. 3) Limitations of Marginal utility theory/law of diminishing marginal utility: 1) Utility is theoretical term, so it is based on estimation and cannot be measured. 2) It is based on many assumptions, so the result may be inaccurate and unrealistic. 3) There are some products for which utility increase as consumption increases like the desire to acquire knowledge increase as a person gets the education. Moreover, In the case of Giffen goods, for which consumer will buy less of a quantity when its price falls, theory of marginal utility fails. 4) It assumed that consumer income and price of products remain constant but as we all know that consumer income plus prices of commodities doesn’t remain same for long period. 5)This approach assumes that the utility to a consumer depends upon that commodity alone, while in real world, utility also depends upon the availability of substitutes and complements like the utility of a car also greatlyrely upon availability of petrol. Taste and preference of a consumer changes from time to time. 7)It is assumed that the consumption of commodity should be continuous. If there is interval between the consumption of the same two units of the commodity, the law of diminishing marginal utility may not hold good. 8) According to this theory consumer always behave rationing manner but sometimes consumer may be forced to choose a wrong choice due to ignorance or advertisement.

End User Example

End User Example End User – Term Paper Example Managerial End User Responsibilities in Information Systems Your First Your middle initial, Your of here Managerial End User Responsibilities in Information Systems In order to better understand a manger’s responsibilities in information systems, first let’s briefly define the role of a manger in general. A manager’s role is to help build the company. Building a company in reference to the role of a manager means bringing on staff, presenting an organized structure for the staff and overseeing and directing the organized structure. The staff is very important in the structure and building of a company. The staff looks to the manager for direction in all aspects of the business. The staff is the end user in any new technology or programs implemented in the business. The staff’s understanding of new technology or programs implemented depends heavily on the direction of the manager. The responsibility of a manager exemplified in the final outcome of end user information systems is through implementing a system of successful learning. End User Satisfaction (EUS) is critical to successful information systems implementation (Au, Ngai, Cheng 2008) In several studies there has been a proven decline in performance and quality of work when new information systems are implemented. This is due to end users having to learn a new system yet produce if not more the same amount of work. The time and training for learning a system can become costly. To responsibly put this new system into effect a manager should first consider before purchasing the system what’s the ratio of user control to the controlling of the user. In other words better user control would be more adaptable in the end user learning the system than the system controlling the user. The systems are usually developed by designers who don’t know the specific needs of the user. So user control is very important. Also forming focused training sessions instead of individual â€Å"trying to figure it out with the instructions† would be cost effective. A follow through would incorporate weekly or monthly checks.ReferencesAu, N.; Ngai, E. W. T.; and Cheng, T. C. E.. 2008. "Extending the Understanding of End User Information Systems Satisfaction Formation: An Equitable Needs Fulfillment Model Approach," MIS Quarterly, (32: 1).

What Is a 401k Everything You Need to Know

What Is a 401k Everything You Need to Know SAT / ACT Prep Online Guides and Tips Do you have the option of setting up a 401k plan? Does your employer offer a 401k matching benefit? Are you confused about what these words even mean? Don't worry! We'll explain everything you need to know about these accounts, but, first, what is a 401k, exactly? A 401k is a retirement savings account sponsored by an employer and designed by the government to give you tax benefits on your savings. Your money quietly grows until the time you can withdraw it in your late 50s. This guide will explain exactly what a 401k does, what you can and can't do with it, how to put money in it, and how it can set you up for a financially secure retirement. For anyone new to the world of 401k plans, let’s start with a quick review of terms. Saving for Retirement Terms: A Glossary Here are some terms you’ll see throughout the guide and a brief working definition of each: 401k: an employer-sponsored retirement account that allows your money to grow over time. Your company has to offer it, and it chooses the rules. Traditional 401k: this is the most common 401k account. You contribute money before it is taxed. Then, you pay taxes on your money when you withdraw after age 59 1/2 (or 55 if you've retired). Roth 401k: this is a newer 401k account where you contribute money that’s already been taxed. You don’t have to pay taxes later when you withdraw. IRA: this stands for Individual Retirement Account. An IRA doesn’t have to be employer-sponsored. You can transfer your 401k money into an IRA in the event you lose your job or your company goes under. Brokerage account: another option for investing your money independently. A brokerage account doesn’t offer the same tax benefits as a 401k or IRA, but your stock options are unlimited. Employer matching: many employers will match all or some of your yearly contributions to your 401k. Free money! While Roth 401k’s are gaining in popularity, most of us will still be offered a traditional 401k through our company. Therefore, we'll start by going more into detail about traditional accounts to answer our million dollar question: what is a 401k plan? Employer matching is the best. With both you and your company contributing to your nest egg, it can grow quite large over time. What Is a 401k? A 401k is an employer-sponsored retirement savings account. Not all employers offer 401ks, but those who do determine how it works. For instance, the employer chooses the various funds that make up your 401k portfolio. Since your employer has to offer it, you can't set up a solo 401k on your own. If you decide to open a 401k account, you’ll typically contribute money to it automatically each month or year. If so inclined, your company may match your contributions anywhere from 25% to 100% (some companies even go beyond 100% for the highest paid employees). Some 401k companies start by matching a small percentage of your contribution and increase this percentage the longer you work for them. There are lots of ways you can save money for retirement, including establishing an IRA or brokerage account or collecting bills in an old coffee jar. What are the advantages of putting money into a 401k as compared to these other methods? What Are the Advantages of a 401k? There are several advantages to a 401k, as well as a few limitations. Let’s start with the benefits. #1: Tax Benefits 401k plans allow your money to grow untaxed. Traditional 401ks let you contribute pre-taxed money. When you eventually withdraw the money, that’s when you’ll pay taxes on it. Roth 401k plans have you contribute already taxed money. When you take it out, you don’t have to pay any taxes on it. IRA and Roth IRA accounts also have tax advantages, but they often set restrictive limits on how much money you can contribute per year. Some only allow you to put in $5,500 a year, while 401k plans, as you'll read below, allow you to put up to $18,000, or even more if you're including an employer match. In a brokerage account that you can set up independently of an employer, your money would be taxed twice. In a 401k (traditional or Roth), your money is only ever taxed once. This tax set-up is a big benefit of 401k accounts. #2: Annual Compound Growth The second advantage of putting your money into a 401k as opposed to say, a coffee jar, is that it allows your money to grow over time. Thanks to the power of compounding interest, you could see your money grow significantly over decades. If you contribute $5,000 per year when you’re 25 and your money grows at a 5% annual rate, for example, then you would have an additional $30,000 more than you would if you started contributing ten years later. You’ll see significantly more money the earlier you start saving. You could bury your savings in your backyard, but the only thing your money would grow is mold. #3: Employer Matching Some, but not all, employers will match a percentage of your annual contributions. Employer match is essentially free money! Unless you really can’t afford it, you should strive to get the full employer match you can per year to make the most of this offer. #4: High Contribution Limits As mentioned above, 401k plans also have higher contribution limits than some independent retirement accounts. Some IRAs only let you put about $5,500 a year, while 401k limits are set at about $18,000, depending on the year. That limit doesn’t include any matching contributions made by your employer, so you could actually put a lot more per year into your 401k. We’ll get into the exact numbers below. All in all, 401ks are appealing because they offer significant tax advantages for your retirement savings, allow your money to grow over time, and they may involve significant contributions from your employer. That being said, there are some 401k limits that you should know about. Below are the three main limitations. What Are the Limitations of a 401k? Since your company offers the 401k plan, it also sets up certain rules and regulations. For instance, your employer chooses the stock options that make up the 401k. While you might have unlimited options with a brokerage account, you may only have a few with your 401k. This can actually be an advantage for some people, who would rather take a more hands-off approach to how their money gets invested. Secondly, some employers put in place a â€Å"forfeit law.† If you get laid off and have less than a certain amount of money in your 401k, then you don’t get that money back. Your company will set this amount and the details of any forfeit law. Make sure to ask whether or not your company has one. Finally, some companies also require you to work with them for a minimum number of years before you’re fully â€Å"vested† and can retain their matching contributions. If you leave or lose your job before that time, you can still keep your own savings, but any employer match contributions will disappear. Now that you know the advantages and limitations of a 401k, what do you have to do to set one up? Do you choose your investments, or does the company decide for you? Continuing with the nest egg metaphor, do you have to build the basket where your savings eggs will grow? What Steps Should You Take to Set Up Your 401k Plan? The first step in establishing your 401k plan is signing up with your employer. Typically, your employer or an HR professional should go over the steps with you when you get hired. If you chose not to sign up when you first started working at the company, you can still speak to your employer about how to sign up now. As you fill out the requisite paperwork, you’ll decide how much money you want to contribute. You can increase or decrease this amount if your circumstances change, but you won’t be able to withdraw money once you’ve deposited it (before retirement age) without a penalty. Once you’ve opened your account, you can take an active investing approach or put the 401k on autopilot. As mentioned above, your employer will choose the stock options, and you can choose how your money gets distributed among them. The majority of people, though, simply go with a â€Å"target-date† fund. With a target-date fund, you set the date you might retire, say, 2050, and the 401k does the rest. You won’t have to design your portfolio; instead, the account itself will adjust how your assets are allocated over time. If you do decide to take a more active approach, a good rule of thumb to follow is to have a diversified portfolio that can ride out the ups and downs in the market. With a diversified portfolio, you can help make sure that your savings will grow over time. While the amount of money you can afford to contribute to your 401k varies by individual, there are certain limits in place. Read on for the 401k contribution limits in 2016. How Much Money Can You Contribute to Your 401k? There are 401 k limits that determine how much money you can contribute to your account per year. These 401k contribution limits fluctuate a bit over time along with inflation. As of 2016, people under 50 could put in up to $18,000 per year. People over 50 could put in $24,000. The additional $6,000 is considered a â€Å"catch up† contribution for those who didn’t max out their limits in earlier years. Any company matching doesn’t count toward this 401k limit. The maximum combined contribution (yours plus your company match) can go up to $53,000. A good rule of thumb is to invest about 10% of your annual income, if possible. If you have employer matching, then you should also strive to get the biggest match contributions you can. Besides 401k limits, there are also rules about when you can take money out of your 401k. Read on to learn when you can make a 401k withdrawal. If you withdraw your money early to buy a four-day Bonnaroo ticket, you’ll pay a steep penalty. Better to let it sit until you retire. When Can You Get Your Money Out of a 401k? You can take money out of your traditional 401k starting when you’re 59 1/2 (regardless of whether you've retired or not) OR if you retire at age 55 or higher. If you try 401k withdrawal before that time, then you’ll incur a hefty 10% penalty fee. So far, everything discussed applies mainly to traditional 401k accounts. They let you contribute pre-taxed money and have penalties for withdrawing money before you reach a certain age. There is one other kind of 401k with different rules and regulations called a Roth 401k. Read on to learn more about a Roth 401k and how it differs from the traditional 401k accounts that most employers offer. The main difference between a traditional 401k and a Roth 401k has to do with when you pay the tax man. What Is a Roth 401k? In addition to a traditional 401k, some companies also offer a Roth 401k. A Roth 401k has a few differences from a traditional 401k. The most important difference is that a Roth 401k has you contribute money after it’s been taxed. When you withdraw money from the account later, you won’t have to pay taxes on it. The second difference has to do with 401k withdrawal rules. A Roth 401k plan lets you take out your money at any time without penalty after you’ve held the account for five years. You won’t have to pay a 10% penalty as you would on a traditional plan for Roth 401k withdrawal before a certain age or retirement. If your employer offers both traditional and Roth 401k options, which one should you choose? Traditional 401k vs. Roth 401k: Which One’s Better? If your employer offers both a traditional 401 k and a Roth 401k, then you have to decide which one to choose or, alternatively, whether to set up both types. Essentially, you want to figure out which type of 401k will help you save the largest amount of money in the long run. There are also some psychological factors that come into play. #1: Do You Want to Be Taxed Now or Later? As you read above, a traditional 401k taxes your money later while a Roth 401k taxes your money now. If you’re young, not making a lot of money, and not currently getting taxed highly, then a Roth 401k might be the preferable option. While you won’t be putting as much money into the account initially, you will be able to leave your money for many years to grow. If you’re older, make a high paycheck, and are in a high tax bracket, then you might want to go with a traditional 401k. That way, your money will be taxed when you retire and are in presumably a lower tax bracket than you are presently. Both traditional and 401k plans have great tax benefits. You should just need to decide which would benefit you more. #2: How Is Your Financial Self-Control? Beside figuring out the tax situation, there’s a self-control factor to think about. If you need all the money in your traditional 401k, then you’ll want to set aside other savings to pay the eventual large tax bill. Will you be able to set aside money to pay taxes later, or at least plan around the large chunk of your savings that will get taken away by taxes when you retire? On the flip side, if you open up a Roth 401k, will you have the self-control not to withdraw any of your savings after the five-year mark when you can withdraw penalty-free? Besides weighing the tax benefits, you should ask yourself these questions to figure out which option is better. Finally, you might not decide not to choose between them at all and instead opt for both types of accounts. Should You Choose Both a Traditional and Roth 401k? Some financial advisors suggest going with both a traditional 401k and a Roth 401k if you have the option. You don’t actually have to choose one or the other, but instead, can split your savings between the two. Going with both is similar to diversifying your stock portfolio to reduce risk. We can’t know what tax laws will come into play in the future, so choosing both a traditional and Roth 401k is a way to hedge your bets. Now that you know the ins and outs of both traditional 401ks and Roth 401ks, let’s go over the essential points that you need to remember about saving for retirement. What Is a 401k? Just the Essentials These are the key points you need to remember about a 401 k plan: A 401k is a retirement savings account that some employers offer. You can contribute a certain amount per year, and your employee might match your contributions (free money!) In a traditional 401k, your money is taxed when you withdraw, not now. In a Roth 401k, your money is taxed now, not when you withdraw. 401k tax policies are superior to those of brokerage accounts, where your money is taxed twice. Your money will grow over time thanks to the power of compounding interest. Start early to have the most amount of money saved for retirement! Now that you have a better understanding of what HR is talking about during new employee orientation, how should you proceed? Should you join in on the 401k fun? With a 401k, you can predict the future, at least the financial part. Should You Contribute to a 401k? Magic 8 ball says, â€Å"Most likely!† Unless you can’t cover your living needs, there’s no reason not to set aside some money for Future You. She’ll really appreciate it. Of course, your employer has to offer a 401k plan. If your company doesn't offer 401k benefits, then you can't set up a solo 401k. You could instead save money for retirement in an IRA, Roth IRA, or brokerage account. If you do have the option of a 401k, a good rule of thumb is to invest as much money as you can, perhaps about 10% of your income. If possible, try to max out any employer matching benefits so you get the most money you can from your employer toward your retirement savings. Start early to maximize the power of compounding growth. 401k accounts offer a simple, hands-off approach to saving for retirement. With just a little paperwork and rearranging of your daily expenses, you can save for retirement and reap huge financial benefits in your golden years.