Page 1 of 1
QUESTION 6 In 2021, Nina contributes 10 percent of her $100.000 annual salary to her 401(k) account. She expects to earn
Posted: Thu May 05, 2022 5:38 am
by answerhappygod
- Question 6 In 2021 Nina Contributes 10 Percent Of Her 100 000 Annual Salary To Her 401 K Account She Expects To Earn 1 (20.07 KiB) Viewed 30 times
QUESTION 6 In 2021, Nina contributes 10 percent of her $100.000 annual salary to her 401(k) account. She expects to earn a 8 percent before-tax rate of return Assuming she leaves this in the account until she retires in 25 years, what is Nina's after-tax accumulation from her 2021 contributions to her 401(k) account? Assume Nina's marginal tax rate at retirement is 25 percent