According to Fidelity, one of the largest financial services firms, the average 401(k) fund lost 31 percent of its value between 2007 and 2009 in the aftermath of the financial crisis. People who were close to retirement realized that?they would need to work for several additional years to have enough savings to be able to retire. Exacerbating this situation was the fact that many companies needed to economize their labor costs during the recession and decided to eliminate the employer matching funds for employees’ 401(k) accounts until their economic prospects improved. In light of these events, does it make sense for employees to continue to contribute to their company 401(k) plan? With a group of three or four classmates, decide whether it still makes sense for employees to contribute to their company 401(k) plan or not. In your presentation, compare the 401(k) to other alter- natives that employees have for saving for their retirement.