Money Does a 401(k) plan still make sense for you? It might, or might not July 31, 2020July 31, 2020 Susan Tompor, Detroit Free Press Comments Off on Does a 401(k) plan still make sense for you? It might, or might not All 401(k) plans aren't the same. All savers have different incentives, which makes it wrong to conclude that 401(k)s are worthless.