Writing assignment FIN 303A Winter 2020 Purpose: To evaluate student's learning of key financial concept and their application to the real world. Due Date: Thursday, January 23, 2020 (last day of class). I am requesting that a paper copy of this assignment be turned in. This is an individual assignment. Late work: Late papers will be penalized. Objective: Write a memo to Elsa Cartwright advising her on what action she should take with respect to her participation in her employer's retirement plan. Elsa is a recent 22 year-old college graduate that is going to work full time for Verizon. She is eligible for benefits including a retirement plan. Her salary will be $36,000 annually and the company will match her retirement fund contribution (dollar for dollar) up to a maximum contribution of 5% of her salary. She has done a budget and is currently planning to save $300 each month in a savings account. She is asking you if it would be financially advisable for her to begin participating immediately in the retirement plan and her reduce her savings account investment each month. She said her sister did not start participating in her retirement plan until she was 30 years old and she might do the same. Elsa is planning to retire when she is 68 years. Please prepare a memo to Elsa with your recommendations. Include any exhibits to support your calculations. Give persuasive reasons, both logical and emotional for your recommendation