I'm sorry for not being more specific, I meant a Roth IRA. I have been doing research on both and do infact qaulify for the Roth. I do invest in a 401k up until the match, but am worried about putting to much money into it at such a young age (23) for fear of needing that money to buy a house or some other big expense in the future. This is why the Roth seems like a good savings vehicle for money that is already taxed and just sitting in my brokerage account...could you reply to my first question in this context...thanks and sorry for the confusion!