Retirement plans in the United States

In the United States, a retirement plan is a way to save money for when you're older, so you don't have to work anymore. Most people use a special type of retirement plan called a 401(k) plan. With this plan, you get a special account where you can put your money in and then when you're older, the money will be there for you to use. The government also gives you a tax break when you save money in a retirement plan, which means you pay less in taxes each year. Some employers also match a certain amount of money that you put in, which means they will add money to your retirement plan too! That's why it's important to ask your employer if they offer a retirement plan.