Should i put money in saving acct,mutual fund etc?401?

Mutual Fund all the way.
Personal situations and preferences affect each one differently, but most seem to prefer a mutual fund, such as a ROTH IRA, or a SIMPLE IRA (through an employer). Those enable you to, in effect, have a basket full of various stocks -some aggressive, some not. The good thing there is a broker who works for the firm (such as Edward Jones or similar) does all the work for you, and "maintenance" costs are very low. Savings accounts yield VERY low interest at banks, unless you were to do something online with low overhead like www.hsbcdirect.com, they're around 5-6% I think. I've heard lots of negative things about 401(k)s, mainly that the employer is in charge of it (from what I hear, not from experience) and if the company goes haywire, you could lose it. An IRA is YOURS and yours only, and you can, with a hefty tax penalty when you file the next time, withdraw early if you need to.

401k is mutuals and any gains are tax deferred. Most companies do some sort of matching for your contributions as well. The gains in a savings account are minimal and are taxable.

put YOUR $$$$ in your saveings account. ----------dont chance getting burned= 401-----

It depends on how old you are. You should try to save money if you can. a Roth IRA is a good start for a younger person.
If your job has a matching 401K program than that is a good idea. It all depends on what you want for your future and how old you are.
Good Luck

1st - ignpre Jay. 2nd - can only do a 401k if you work for a company that has one. If you don't or company has poor investments in thier plan then IRA is the answer. Inside the IRA there will be no savings or anything from a bank. Schwab.com has many options. If can put the full $4k $1000 SWINX $1000 BGEIX $1000 FMDCX $1000 SWPIX would be a solid start. If less can break it down. Feel free to contact for more info.