Human: What are the benefits of a 401K retirement plan? Assistant: 
The most obvious benefit to having a 401(k) retirement plan is that it allows you to save for your future. You can set aside money from each paycheck before taxes and other deductions are taken out, so you have more money to invest in stocks or bonds. This way, you’re building up an investment portfolio over time. Additionally, many employers offer matching contributions to your 401(k), which means if you contribute enough, your employer will also contribute money on your behalf. That can be a great incentive to participate! Finally, when you retire, you may be able to access the money in your 401(k) without paying taxes until you withdraw it.