The second page of your Excel model should be a graph showing the account balance at each yearend for the Roth and Tiaditional IRAs. The final year data point should be the net of tax amount of the distribution. As you know, a contribution to a traditional IRA typically provides a deduction for the taxpayer while a contribution to a Roth IRA is after tax. Therefore, the contribution amount in full will be the starting point for the Traditional IRA table. However, since a Roth IRA contribution is taxed, the net of tax amount of the contribution will be the starting point for the Roth IRA table. Check figure: If you have prepared the worksheet correctly, the net of tax distribution amount will be the same for the traditional and Roth IRA if the tax rate on contribution and the tax rate on distribution are the same. Assigmmt; This assignment counts as a quiz. There are two parts to this assignment. 1. Your observation of what the model tells you about a Roth versus a Traditional IRA. Can you make a generalization about when it is best to use one over the other? Use your model to make this detemiination. This will count as 25% of your quiz grade. 2. The working Excel model. I will test the model. The properly working model will count as 75% of your quiz grade. 3. Upload a single Excel file with your observation about choosing between a Roth versus a Traditional IRA, the model worksheet, and the charts. Save all three as a single file and then upload via the Blackboard dropbox