[olivia3boys]

My son graduated in 2020 with a BS in Business Administration and first got a temporary job working for the SBA approving PPP loans, and now works full time for the FDIC. But some of his unemployed and college educated friends aren’t even applying for jobs.

[Night Hides Not]

Stay on your son to max out both 401ks with the FDIC. He'll be able to retire by the time he's 45.

As an independent agency, the FDIC offers the regular federal 401k and their own 401k, both matching 100 percent up to 5 percent of earnings.

IOW, you're banking 20 percent of your pay.

[Night Hides Not]

FDIC is one of the top rated agencies in the federal government. I worked there from 2009-2014 as a term employee. If I could have stayed, I'd still be there.

OTOH, after 3 years of retirement, I went back to work in July. It's a great family owned business, I've made the decision to make this my final landing spot...even if the FDIC were to call me back.

Advise your son that the grass is not greener on the other side of the fence.