b. Assume Ninas marginal tax rate at retirement is 20 percent. c. Assume Ninas marginal...

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b. Assume Ninas marginal tax rate at retirement is 20 percent.

c. Assume Ninas marginal tax rate at retirement is 40 percent.

Required information The following information applies to the questions displayed below. In 2018, Nina contributes 8 percent of her $144,000 annual salary to her 401(k) account. She expects to earn a 8 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 20 years, what is Nina's after-tax accumulation from her 2018 contributions to her 401(k) account? (Use Table 3, Table 4 Round your intermediate calculations and final answers to the nearest whole dollar amount.) a. Assume Nina's marginal tax rate at retirement is 30 percent. After tax proceeds from distribution 60 28 42 14 | 0 1 2 3 4 4 5 5 6 7 7 7 8 9 9 0 0 0 1 2 2-0. 1 1 2 2 2 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 44 43 4 4 4 4 4 4 4 4 4 4 4 1-0. 1 22 3. 4 4 4 5 5 5 5 5 5 5 6 6 6 30 46 60 20 1-0. 1 2 2 3 3 4 4 5 5 5 5 6 6 6 6 6 6 6 7 7 7 0123456678899011121311 8 %-90 2 7 5 90 54 20 12 05 23 52 36 8 8 7 6 79 62 29 33 74 79 37 195 14 49 35 004 195 360 0. 1 2 3 3 4 5 5 5 6 6 7 7 8 8 8 8 8 9 9 0. 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 5 00 0. 0 0 0 0 0 0 0 0 0 0 0 0 51 59 16 0000 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0. 0. 4 .8 877-68 0000000000000 0. 0. 0. 0 0 0 0 0 0. I-0000000000 38 95 12 86 17 1|0000000000000000000000 39 7 2539 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00000000000 0. 0. 0 0. 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30

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