If your new employer offers both tax-deferred and Roth accounts, decide how much you want to contribute to each. Tax-deferred accounts are generally better suited to workers who believe they are in a higher tax bracket now than they will be in retirement. Roth accounts make more sense for those who think they are in the same tax bracket or in a lower tax bracket than they will be in retirement.
You should also find out if the new business offers a matching pension contribution. Compare that to what you get in your current job, if any, to decide if you need to increase your personal contributions or if you can afford to decrease them.
Also note the maximum that you are allowed to contribute to your retirement account, so you don’t have any problems with the IRS. For the 401 (k), you can contribute up to $ 19,500 in 2021 if you are under 50 and $ 26,000 if you are 50 or over. The government adjusts these limits periodically, so you should check this every year.
Finally, look for less obvious benefits that could help you prepare for retirement. If your new employer offers health insurance and you are used to paying out of pocket, you may be able to invest that extra money in your retirement savings. Or if your business will pay for you to pursue further education, you may be able to make it a better job with an even higher salary down the road.