Traditional 401(k) versus Roth 401(k) Kate has decided to contribute to a savings program. She can open a traditional 401(k) or a Roth 401(k) and has determined that she can afford a $14,400 contribution. Kate's salary is $106,500 per year, and she is in the 32% tax bracket. If Kate decides to go with a traditional 401(k), her contribution amount will be And the amount offset via a reduced tax bill will be If, instead, Kate decides to go with a Roth 401(k), her contribution amount will be And the amount offset via a reduced tax bill will be Assuming all the same facts, suppose that Kate decides to open both 401(k ) plans, splitting what she can afford to contribute equally between both plans. Under this scenario, Kate's contribution amount will be And the amount offset via a reduced tax bill will be When Kate retires, which plan's monies will she be able to exclude from taxable income