What is a 401(k)?

If you’ve ever opened a new-hire packet, talked to HR, or overheard coworkers chatting, you’ve probably heard the phrase “401(k)” tossed around like everyone knows what it means. Spoiler Alert: most people don’t have a clue. 

I want to help with that.

Whether you’re a millennial getting serious about long-term planning or a Gen Z professional just starting your career, this guide will break down the 401(k) in a simple, easy to understand way.