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401K vs. Savings Account

When deciding how to save for retirement, is it best to put your money in a 401K or a savings account? When is it better to save in a savings account for retirement and when is it better to save in a 401K for retirement and why?



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by Bryan_Carey

Bryan_Carey is a Top Reviewer on Epinions 		May 24 '01 Wise Investment Strategies Can Make You a Millionaire!
401K plans offer many advantages that make them an essential part of anyone's investment portfolio. If your employer offers 401K, sign up asap!... read full review 		Very Helpful
by Bruguru
 May 17 '01 How To Thumb Your Nose at the Taxman
A great way to save for a very rainy day, or a very bright retirement.... read full review 		Very Helpful
by jaccav
 May 14 '01 Is a 401K OK for you?
If your finances are in order, you should take advantage of this savings plan!... read full review 		Very Helpful
by jacob411
 Dec 03 '00 Investing for your future.
... read full review 		Very Helpful
by stonekoldk
 Nov 04 '00 401K + IRA + increase in amount you can put in = more $ at retirement
... read full review 		Very Helpful
by Connecticut
 Oct 28 '00 401K - make the most $$ by maxing out EARLY
... read full review 		Very Helpful
by patoonya
 Oct 28 '00 401K All The Way
... read full review 		Very Helpful
by Castenell
 Sep 30 '00 401K Why Not?
... read full review 		Somewhat Helpful
by kelly60
 Sep 04 '00 What is best depends on you
... read full review 		Very Helpful
by roynyr
 Sep 04 '00 Uncle Sam Loves Savings Accounts!
... read full review 		Very Helpful
by nickyvee
 Apr 19 '00 401K - Self Direct and Retire Young
... read full review 		Helpful
by 1Goodguy
 Apr 18 '00 A little 401k trick
... read full review 		Very Helpful
by viper1963
 Apr 14 '00 401(k) - Take Advantage of Your Employers 401k Plan
... read full review 		Very Helpful
by gjacks
 Apr 06 '00 Both to be safe!
... read full review 		Very Helpful
by lhs31
 Apr 02 '00 The Younger You Are, The More Chances You Can Take
... read full review 		Helpful
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