We compared the mechanisms of nitrogen (N) and phosphorus (P) removal in four young (<15 years old) constructed estuarine marshes with paired mature natural marshes to determine how nutrient retention changes during wetland ecosystem succession. In constructed wetlands, N retention begins as soon as emergent vegetation becomes established and soil organic matter starts to accumulate, which is usually within the first I-3 years. Accumulation of organic carbon in the soil sets the stage for denitrification which, after 5-10 years, removes approximately the same amount of N as accumulating organic matter, 5-10 g/m2/yr each, under conditions of low N loadings, Under high N loadings, the amount of N stored in accumulating organic matter doubles while N removal from denitrification may increase by an order of magnitude or more. Both organic N accumulation and denitrification provide for long-term reliable N removal regardless of N loading rates. Phosphorus removal, on the other hand, is greatest during the first I-3 years of succession when sediment deposition and sorption/ precipitation of P are greatest. During this time, constructed marshes may retain from 3 g P/m2/yr under low P loadings to as much as 30 g P/m2/yr under high loadings. However, as sedimentation decreases and sorption sites become saturated, P retention decreases to levels supported by organic P accumulation (1-2 g P/m2/yr) and sorption/precipitation with incoming aqueous and particulate Fe, AI and Ca. Phosphorus cycling in wetlands differs from forest and other terrestrial ecosystems in that conservation of P is greatest during the early years of succession, not during the middle or late stages. Conservation of P by wetlands is largely regulated by geochemical processes (sorption, precipitation) which operate independently of succession. In contrast, the conservation of N is controlled by biological processes (organic matter accumulation, denitrification) that change as succession proceeds.