<human>: What are the benefits of having a 401k plan?
<bot>: The primary benefit of having a 401k plan is that it provides an opportunity for employees to save for retirement. It also allows employees to take advantage of employer-matching contributions, which can significantly increase their savings potential. Additionally, many 401k plans offer investment options with low fees and tax advantages, allowing workers to maximize their retirement savings. Finally, 401k plans often have more generous contribution limits than other types of retirement accounts, providing greater flexibility in how much money an employee can contribute.