In 2015, Nina contributes 10 percent of her $100,000 annual salary to her 401(k) account. She expects
Question:
a) Assume Nina's marginal tax rate at retirement is 30 percent.
b) Assume Nina's marginal tax at retirement is 20 percent.
c) Assume Nina's marginal tax rate at retirement is 40 percent.
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a 37992 computed as follows Beforetax contribution 10000 Times future value factor 107 ...View the full answer
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Related Book For 
Taxation Of Individuals And Business Entities 2016
ISBN: 9781259334870
7th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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