human
I need to find out more about the benefits of a 401k.
assistant
A 401(k) is an investment plan offered by employers that allows their employees to save for retirement. It typically offers a variety of options, such as mutual funds and bonds, which can help you build a secure financial future. Additionally, 401(k) plans often have higher contribution limits than other types of retirement savings accounts, allowing you to maximize your retirement savings potential. Furthermore, many 401(k) plans offer employer contributions, making it easier to reach your desired savings goal.