texts: Yeah , I know it sounds weird , but a 401k is a type of retirement plan that allows employees to save and invest for their own retirement . Through a you can authorize your employer to deduct a certain amount of money from your paycheck and invest it in the plan . Everyone tries to contribute as much as possible so that when you retire , you can rest peacefully on your nest egg .
labels: That ’ s interesting and logical I guess . In my country , we also have to contribute to a government-run retirement fund , but most people don ’ t really trust it so they just invest in properties or things like that .