Rena funds her 401k with $10,000 (pre-tax) in 2000. She expects her future ordinary rate...
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Rena funds her 401k with $10,000 (pre-tax) in 2000. She expects her future ordinary rate to be 30% and her future LTCG rate to 23%. Assume Rena earns 6.5% on her investments in her 401k. How much will Rena's 401k be worth (after-tax) in 12 years when she retires? Assume she can withdraw in 12 years without a penalty. Round you answer to the nearest whole dollar.
Rena funds her 401k with $10,000 (pre-tax) in 2000 . She expects her future ordinary rate to be 30% and her future LTCG rate to 23%. Assume Rena earns 6.5% on her investments in her 401k. How much will Rena's 401k be worth (after-tax) in 12 years when she retires? Assume she can withdraw in 12 years without a penalty.Round you answer to the nearest whole dollar
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