Fred$$deposited $$4,000$ into a traditional IRA this year. $$He expects his account will earn an average annual rate of $6\mathrm{.}5\%,$ and he plans$$to withdraw the money in $35$ years. $$His current income tax rate is $38\%,$ but he anticipates that his income tax rate$$will be $25\%$ when he withdraws the money. $$How much will Fred$$save in$$income taxes this year?

Group of answer choices

$$9,062\mathrm{.}25$

$$2,068\mathrm{.}74$

$$1,520\mathrm{.}00$

$$0\mathrm{.}00$