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You are married and earn a 2022 pre-tax income of $113,000. You work for a company that offers a 100% match on your 401(k) up
- You are married and earn a 2022 pre-tax income of $113,000. You work for a company that offers a 100% match on your 401(k) up to your first 3.5% of your income. You decide to pay taxes on $2,500 of your income and contribute the remainder of this money to your Roth 401(k). How much will be in your Roth 401(k) account in 20 years if you earn a 8.5% interest rate, but pay a 0.08% expense ratio?
- $0
- $8,597.03
- $9,822.51
- $12,592.97
- None of the abov
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