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Assuming their average tax rate is 25% currently and for the future until retirement and is expected to be 15% at retirement, how would $1000

  1. Assuming their average tax rate is 25% currently and for the future until retirement and is expected to be 15% at retirement, how would $1000 of pretax contribution today grow in an IRA versus Roth IRA. Assume 100% of the money is withdrawn after 30 years. Use the Gordons expecteqd rate of return on investments for compounding and assume there are no other contributions in the future.

  2. Evaluate two companies (For example Charles Schwab and Fidelity) and decide which you would suggest for the Gordons to open a traditional IRA or a Roth account.

  3. If Michael left his current job to start a new job, what can he do with his current 401 (K)?

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