A saw including a lockout mechanism having a lever and a plunge stop. The lever has a trigger abutment surface and is movable between a safety position in which the trigger abutment surface inhibits actuation of a trigger and a use position in which the trigger abutment surface permits actuation of the trigger. The plunge stop is coupled to the lever and is movable with the lever between a first position and a second position. The first position corresponds with the safety position of the lever. In the first position, the plunge stop inhibits a motor housing of the saw from being moved from a raised position toward a plunged position. The second position corresponds with the use position of the lever. In the second position, the plunge stop permits the motor housing to be moved from the raised position toward the plunged position.