Clancy has decided to contribute to a savings program. He can open a traditional 401(k) or a foth 401(k) and has determined that he can afford a $14,400 contribution. Clancy's salary is $106,500 per year, and he is in the 32% tax bracket. If Clancy decides to go with a traditional 401(k), his contribution amount will be And the amount offset via a reduced tax bill will be If, instead, Clancy decides to go with a Roth 401(k), his contribution amount will be And the amount offset via a reduced tax bill will be Assuming all the same facts, suppose that Clancy decides to open both 401(k) plans, splitting what he can afford to contribute equally between both plans. Under this scenario, Clancy's contribution amount will be And the amount offset via a reduced tax bill will be When Clancy retires, which plan's monies will he be able to exclude from taxable income