401(k)s and IRAs: Grow your money, shrink your taxes

How to invest for retirement so that you get rich - and the IRS doesn't.

Your 401(k): A top priority
Grow It
Your 401(k): A top priority
The first step in building a retirement nest egg should be investing in your company's 401(k) plan if your employer offers one.

What's great about it:
• You don't have to remember to save: The money is taken directly from your paycheck.
• You pay no taxes on the dollars you invest and the funds grow tax-free until withdrawn.
• You get free money: Most employers match a portion of what you invest.

If you do enroll, make sure you put enough in your 401(k) to earn the full company match. The most common practice among employers is to offer 50 cents on the dollar up to the first 6 percent you save.
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.