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Old 01-19-2004, 06:46 PM   #5
mustardjohn
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Join Date: Sep 2003
Location: Orange, TX
Posts: 360
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IRA's are the 401K you can set up on your on. You are limited in how much you can put in with a tax break about $2000 a year but it grows tax defered until you take it out. Once you put it in, there are penalties for taking it out before 59.5 years old. Talk to someone about IRA's. There are two kinds regular and Roth. Get some good IRA advice from someone you trust but do save a little every month. At 27 you have time on your side.
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