If you are signed up for your 401(k) at work or are thinking about signing up then you should know how a 401(k) works. The main reason people setup a 401(k) is to save for retirement. There are many benefits of a 401(k) including the ability to save pre-tax and tax deferral. Please view the video below and then give us a call at Chicago Wealth Management Group (630) 873-3577.