GOBankingRates asked ChatGPT to explain 401(k) plans to us like we're 12 years old. The explanation is very simple, maybe a little too lighthearted.

Learn how a 401(k) match works, including common match formulas, contribution examples and how to maximize your employer retirement benefits. Here's more: ...

The market for investment into private funds has traditionally been limited to institutional investors, high net worth individuals, and similarly sophisticated and risk-tolerant market participants.