In 2014, Nitai contributes 8 percent of his $130,000 annual salary to a Roth 401(k) account sponsored by his employer, AY Inc. AY Inc. matches employee contributions dollar for dollar up to 8 percent of the employee's salary to the employee's traditional 401(k) account. Nitai expects to earn a 6 percent before-tax rate of return.

Assuming he leaves his contributions in the Roth 401(k) and traditional 401(k) accounts until he retires in 25 years, 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?

Roth 401(k) Traditional 401 (k)

Before tax contribution

Future Value factor (4 decimal)

Future value of contribution

taxes payable to distribution

After tax proceeds from distribution