<human>: What are the advantages of a 401(k) plan vs. a traditional IRA?
<bot>: The primary advantage of a 401(k) plan over a traditional IRA is that employers may match contributions up to a certain percentage, which can significantly increase your retirement savings potential. Additionally, 401(k) plans often offer more investment options than IRAs, such as mutual funds and other investments. Finally, 401(k) plans typically have higher contribution limits, allowing you to save more for retirement.