Quote Originally Posted by puregroove
Right on, guys.

95boostedteg, I used to think the whole investing deal was about taking money you were making after taxes and investing it until I did some further digging. Instead of letting the taxes eat it up, this is a great way to still keep the money that we work so hard for and still have the money you make after taxes.

Yeah, I've heard some good stuff about Roth IRAs. I'll need to do some more research on them--good mentioning it.
one catch to the 401k tho. Its takes out of your gross pay tax free. but in the end, when you withdrawl, you will pay taxes. its a good thing and a bad thing. I rather let it make lots of interest during tax free deduction out of my paycheck than letting it take out of your take home pay.