Last week I landed a great internship with a company that I am very excited about.  It pays $22.50/hr with a 40 hour workweek (possibility of overtime) for approximately 3 months.  They have a history of rehiring most of their interns and eventually offering them entry level positions upon graduation.  I am only a sophomore so I will likely intern with them one more summer in addition to this one if all goes well.  Not to put the cart before the horse, but if by graduation I was offered a position I would almost certainly take it.  So, for context, there is a future with this company.  Furthermore it is 20 minutes from my parents home so I will be living with them.  My family is well off so all my college expenses including tuition, food, rent, beer money, etc. is covered.  I have offered to take on some expenses for myself, but my parents insist that I have earned my keep with on campus jobs and scholarships.  For all intent and purposes I have no expenses nor will I until 2017.

With some fuzzy math I have determined that by the end of the summer I will have approximately $10,800 before taxes.  If this continues into next year it will be app. $21,400 by 2017.  I want to put it to work, and I need a plan.  I do *not* want to let this money just sit there or worse, slowly piss it away on stupid shit over my college career.  I've read the FAQ for "I have $x, what do I do with it?", but none of it seems applicable for a 20 year old college student who is fortunate enough to have the financial support of his family.  I know nothing about retirement planning, but perhaps I should learn?  Is it remotely possible that the company has some sort of resource like a 401k that I should take care of?  How can I put this money to work?
user
I am a 20 year old college student who lives with his parents for the summer and wants to put money to work. I need help with my plan.
assistant
Last week I landed a great internship with a company that I am very excited about.  It pays $22.50/hr with a 40 hour workweek (possibility of overtime) for approximately 3 months.  They have a history of rehiring most of their interns and eventually offering them entry level positions upon graduation.  I am only a sophomore so I will likely intern with them one more summer in addition to this one if all goes well.  Not to put the cart before the horse, but if by graduation I was offered a position I would almost certainly take it.  So, for context, there is a future with this company.  Furthermore it is 20 minutes from my parents home so I will be living with them.  My family is well off so all my college expenses including tuition, food, rent, beer money, etc. is covered.  I have offered to take on some expenses for myself, but my parents insist that I have earned my keep with on campus jobs and scholarships.  For all intent and purposes I have no expenses nor will I until 2017.

With some fuzzy math I have determined that by the end of the summer I will have approximately $10,800 before taxes.  If this continues into next year it will be app. $21,400 by 2017.  I want to put it to work, and I need a plan.  I do *not* want to let this money just sit there or worse, slowly piss it away on stupid shit over my college career.  I've read the FAQ for "I have $x, what do I do with it?", but none of it seems applicable for a 20 year old college student who is fortunate enough to have the financial support of his family.  I know nothing about retirement planning, but perhaps I should learn?  Is it remotely possible that the company has some sort of resource like a 401k that I should take care of?  How can I put this money to work?
user
I'm a 20 year old college student and have a $10,800 frugal plan for the future. My parents won't let me have any money, but I want to put it to work for a living. What are some steps I can take to
assistant