what are Nitai’s after-tax proceeds from the Roth 401(k) and traditional 401(k) accounts …

what are Nitai’s after-tax proceeds from the Roth 401(k) and traditional 401(k) accounts …

In 2013, Nitai contributes 10 percent of his $125,000 annual salary to a Roth 401(k) account sponsored by his employer, AY Inc. AY Inc. matches employee contributions dollar for dollar up to 10 percent of the employeeAf?cA????1A????1s salary to the employeeAf?cA????1A????1s traditional 401(k) account. Nitai expects to earn a 5 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 20 years, what are NitaiAf?cA????1A????1s 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? (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)

	After-tax proceeds Roth 401(k) Traditional 401(k)

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