Yes, standard .30-30 ammo, as posted above.
Since you're just getting into firearms, first: "Welcome to the shooting fraternity, CPL7 ! "
Second - if you haven't either already done so, or aren't ex-military, please consider sitting through a firearms safety course (usually free - check with your state's Dept Fish & Game), to better enjoy your inheritance in safety.
The Savage really shines with a scope sight, so if it doesn't already have one mounted I would suggest you consider one, up to about 4x (in a fixed power scope) or a 1x-3x variable power scope - given the effective range limitations of the .30-30 (about 200-250yds).
If you need help with mounting a scope (if a scope's wanted), there's plenty here who can help.