Quote Originally Posted by getto301
I would suggest a Roth IRA if your young, your 20 something, a Roth Ira would let you take out your innicatial contribution on such things as 1st home purchase n etc (of course theres a limit to how much you can take out approx 10 k i belive
You can take out your contributions at anytime. Because they were after tax dollars to begin with. You only pay a penalty if you take out money you've earned before 59 1/2. The nice thing about a ROTH is you're not taxed on your withdrawals at retirement like with a 401K.

But I would still advise contributing to a 401K to get the full employer match, and then start a ROTH. Otherwise you're letting free money get away.