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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 patch3boys
 Mar 10 '00 401K Loan- Do The Benefits Out Weigh The Penalties!?!?
401k withdrawls are wonderful and very helpful, but with the taxes, it might be better to weigh out everything or plan ahead for this, before you actually go through it.... read full review 		Very Helpful
by Almighty
 Feb 11 '00 MAXING OUT EARLY CAN COST YOU!
... read full review 		Very Helpful
by DoubleCoog
 Mar 14 '00 Max it out - don't get behind the 8 ball
... 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 hwz1
 Jan 06 '00 Do You Want to Retire Early? How About Retiring Wealthy? Read This For Insights
... read full review 		Very Helpful
by kelly60
 Sep 04 '00 What is best depends on you
... read full review 		Very Helpful
by jcare
 Mar 10 '00 Save some money first !!
... read full review 		Very Helpful
by BlackBear
 Mar 29 '00 How to create a savings plan that WORKS!
... read full review 		Very Helpful
by Profilewriter
 Jan 30 '00 When will you need your money?
... read full review 		Very Helpful
by Almighty
 Feb 04 '00 DON'T EVEN THINK OF PUTTING MONEY IN THE BANK!!
... read full review 		Very Helpful
by roynyr
 Sep 04 '00 Uncle Sam Loves Savings Accounts!
... read full review 		Very Helpful
by 1Goodguy
 Apr 18 '00 A little 401k trick
... read full review 		Very Helpful
by slhansen
 Feb 23 '00 401(k) plans can be GREAT
... read full review 		Very Helpful
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