13-2

In 2020, Nitai (age 40) contributes 10 percent of his $127,000 annual salary to a Roth 401(k) account sponsored by his employer, AY Inc. AY Inc, matches employee contributions to the employee's traditional 401(k) account dollar-for-dollar up to 10 percent of the employee's salary. Nital expects to earn a 7 percent before-tax rate of return. Assume he leaves the contributions in the Roth 401(k) and traditional 401(k) accounts until he retires in 20 years and that he makes no additional contributions to either account. What are Nitai's after-tax proceeds from the Roth 401(k) and traditional 401(k) accounts after he receives the distributions, assuming his marginal tax rate at retirement is 30 percent? (Use Table 1. Table 2.) (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Roth 401(k) Traditional 401(K) After tax proceeds from distribution 4.18 SON BON SEE 10000 1050 112360 1000 00010 12000 044 1.12406 LI 107000 114490 122104 131000 140255 son L000 LOGO 101273 12951 L1527 2 1 4 to 105101 1600 110250 115760 1951 127624 134010 140710 147146 1.55133 1000 1.10408 1.50363 10214 1036 11 1.17 1.1950 2100 1.26673 110471 1037 10241 111677 1.15865 120210 1241 129195 13424 1381 140 149921 1.5555 161378 16 3709 130223 1881 193990 201200 200015 122135 1.2006 133834 130511 145400 151621 58065 1605 1.71780 179007 1100 1.115 10 1.3803 1.42576 171034 1956 121655 1.26532 1993 187 142331 14804 15345 100100 160SOT 171 1014 1.87290 194790 202582 210605 2.19112 206584 12624 LIND LOS 1547 10 117250 LI 19615 14 11 14 106715 2.1 2.219 24985 257853 2.75003 205216 1.15682 3373 3.51653 3.369 5.4270 7.61225 1640 1.70 1. 2.01220 213293 226090 230656 2.54005 261277 28504 302560 120714 429187 574349 1512 155797 160471 1.65285 110443 175351 180611 2.00370 2.40726 17 137271 140024 T425 1.45601 1ASES 1.44061 115 197993 207993 2.18282 2.29202 240662 252605 265330 3.3635 412194 1.54633 202905 2.11529 220519 2.238 2010 122019 2030 1345 25 30 2.51017 301747 16.0 15.0N 25.0N F . 3.09 10.09 30.0 20000 100 1.12000 1.25000 1.56250 1 1 120503 1.41150 5 1.68000 11660 125971 1360 1023 100LT 1.32 15 19900 1,51710 7 3 13.0 113000 12700 144200 163041 18424 200195 235261 265844 3.00404 31 3.356 199256 1.10000 21000 33100 1.46410 161051 177156 154812 2.10 2.35795 299014 2012 3.13843 34227 3.78750 417725 459497 5057 55992 11.08 11000 123210 135700 151807 1500 137041 207656 2.30454 2.55804 283942 115176 14945 388328 431044 278459 5:1000 S9509 65434 726334 1 140 1.57352 1.76234 1.97382 221068 247996 277300 110525 3.47855 3.89518 436049 488711 1.14000 1.2750 141154 1668 1.92541 2.19497 2.50227 28525 1.25105 370722 422023 401790 5.49241 6.26135 7.13794 313125 2.17130 236736 25000 201306 30680 11 2.330564 2517 2.31962 291219 117217 1.19000 1.32250 15203 114901 201136 231306 266002 105002 351788 404556 4.65239 515025 6.15279 7.07571 13700 3.25752 10 612 12.37545 1423171 10654 22.1895 662017 1.44000 1.72800 207360 2.48832 2.93590 353310 42992 5.15978 6.19174 743008 191610 1069932 12. 35.40703 114000 2210611 26.62333 31.3400 38 23760 22 37227631 2.44141 305176 181470 476332 596046 7:45058 532 11.64153 14.55192 105 22.73737 28.42171 5.52714 GLOS 55.51115 11 TS 15 17 16420 197001 49801 553475 625422 7.05.13) DOLCE COMET GESIC Won 19 30 51414 564 61300 64 708997 3.61270 9.64620 1700006 29 HERE 68 9.03477 10 19742 11.52000 21.23054 1956 10:57517 1205569 1374349 26.45192 5095016 6.72750 1033471 174040 112 6846 w 1127 22.09230 BOT Pas MacBook Pro e G Search or type URL & Future Value of Annuity of $1 1.03 4.0 1 100000 207000 321490 2 4 6 2 10 100000 201000 3.03010 405040 5.10101 6.15202 7.21354 8.28567 9.36853 10.46221 11.56630 1268250 13.80933 1494742 16.09690 17.25786 18.43044 19.61415 20 81000 2201900 28.24320 34.78489 100000 2.02000 3.06040 4.12161 5.20104 630012 7:43428 8.58297 9.75463 1094972 12.16872 13.41209 14.68033 15.97394 17.29342 18.63929 20.01207 21.41231 22.84056 24.29737 32 03030 $60 100000 203000 100000 4.18363 530914 6.46841 7.66246 8.89234 10.15911 11.46388 12.80780 1419203 15,61779 17.08632 1859891 20.15688 21.76159 23.41444 25.11687 2637037 36.45926 47.57542 1.00000 203750 311791 4.23068 5.38933 6 59143 783861 9.13255 10.47503 11.86784 13.31288 1481212 16.36757 17.98135 19.65565 21.39274 23.19497 25.06478 27.00471 29.01739 40.27112 53.79924 575074 7.15120 8.65402 10.25000 11 97799 THE 15.78350 11 1.00000 204000 212160 424646 5.41632 6.63298 789029 925423 1058280 12.00611 13.48635 15.02581 16 62684 18.29191 20.02359 21.82453 23 69751 25.64541 2767123 29.77808 41 64591 56.08494 1.00000 204250 112931 426230 5.44345 6,67430 7.958.48 9.29671 10.69182 12.14622 13.66244 15.24309 16.89092 18,60819 20.39966 22.26665 24.21298 26.24203 28.35732 30.56250 43.07548 100000 205000 315250 431013 5.52550 6.80191 8.14201 954911 1102656 12.57789 14 20679 15.91713 17.71298 19 59863 21 57856 238249 25 81037 28.13238 30 53900 33 06595 47.72710 05 100000 2.06000 118360 437462 5.63709 697532 8.39354 9.89747 11.49132 13 18079 1497164 16. 86994 18.88214 2101507 23.27597 25.67253 28 21288 30.90565 33.75999 36.78559 54.86451 79.058 19 12 3 20.14064 22.55049 25.12902 4 15 16 | 30.84022 33.99903 3737896 40.99549 63.24904 94.46079 20 25 30 58.48553 Periods , TOON 11.0% 12.09 13.0% 14.05 15.0% 1 2 3 4 5 2 B 9 10 12 1.00000 200000 3.24640 4.50611 5.86660 7.33593 B.92280 1063663 12.48756 14.45656 16.64549 18.97713 21.49530 24.21492 27.15211 30 9428 33.75023 17.45024 4144626 45.76195 73.10594 11128321 1.00000 2.09000 327810 4.57313 5.98471 752333 9.20043 1102847 1302104 15-19293 17.55029 20.14072 22.95338 25.01919 2936092 33,00340 36.97370 4130134 4601845 51. 16012 34 70090 136.30754 1.00000 2 10000 331000 4.54100 6.10510 7.71561 9.48717 11.43589 1357948 15.93742 18.53117 21.38428 2452271 27.97498 3177240 35.94973 4054470 45.99917 5115909 57.27500 98.34706 16449002 1.00000 2.11000 3.34210 4.70973 5.22780 7.91286 9.78327 11.85943 14.15397 16.72201 19.56143 22.71319 26.21164 30.09492 34.40536 29. 18995 4450084 50.39594 5693949 ) 11441331 : 1.00000 2.12000 137440 4.77933 5.35285 8.11519 10.08901 12.29969 14.77566 14 20.65458 24.13313 28 02911 32.39260 37.27971 42.75328 4888367 55 74971 63.41968 72.05244 13333087 241 33268 1.00000 2.13000 3.40690 484980 6.48027 8.32271 10.40466 12.75726 15.41571 18.41975 21.81432 25.65018 29.98470 34 88271 40,41746 45.67173 53.73906 61.72514 70 74941 94ER 155.61956 293.19922 100000 214000 3.43960 492114 6,61010 8.53552 10.73049 13.23276 16535 19.33730 23.04452 27.27075 3208865 37.58107 43.84241 59. 11760 6839407 78.96923 91.02493 181.87083 1.00000 100000 2. 15000 2.20000 3.47250 3.64000 499337 5.36800 6.74238 7.44160 8.75374 9.92992 11.06680 12.91590 13.72682 16.49908 16.78584 2079990 20.30372 2595868 24.34928 32.15042 29.00167 39.58050 34 35192 43.49660 40.50471 59.19592 47.58041 7203511 55.71747 87 1421) 65.07509 105.93056 75.83635 12. 11557 88.21181 154 74000 102.44358 186 68300 212.79302 47158108 434.74515 1181.88557 1.00000 2.25000 3.81250 5.76563 8.20703 11.25879 15.07349 19.84186 25 80232 33.25200 12.56613 54.20766 68.75958 16 94947 109.68664 13810855 1736356 2180450 27355578 342 94470 105479118 3227.17427 14 15 16 20 25 30