Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
You Can order for custom written paper 24/7! by completig a form in 3 steps. Get those desired coursework assessment grades!
Posted: April 14th, 2022
401K(403B) Spreadsheet
Learning Objectives:
1. Familiarize students with the 401K(403B) retirement plan
No problem! Simply provide your assignment details and an estimated page count, and we’ll handle the rest. If your paper requires fewer pages than ordered, we’ll refund the difference to your account hassle-free. Chat with our team online for quick guidance on your “write my paper” needs.
2. Encourage students to enroll in 401K (403B)
3. Determine monthly cost of enrolling in 401K (403B) retirement plan
4. Apply future value concepts to determine amount of retirement savings
5. Ace my homework – Write my paper – Online assignment help tutors – Discuss the intent of the 401K (403B)retirement account
____________________________________________________________________________
We know students often have tight budgets. That’s why we offer affordable essay writing services that fit your wallet. Facing a tight deadline? No stress! Whether it’s 1 hour or 1 week, we’ll deliver your paper on time, ensuring you hit your academic targets without breaking the bank.
Assignment: The purpose of this paper is to quantify the potential total retirement savings at post-graduation intervals for students.
1. Create a spreadsheet to determine retirement savings using the following criteria.
Annual Compensation: $60,000 (monthly $5,000)
401K (403B) Contribution Percent 6%
Company match 50% up to 6% (e.g. 3%- 50% x 6%)
Tax Rate 25%
Annual Investment Return Rate 8%
In your spreadsheet, each of these fields should be changeable. For example, if change the base pay to $48,000, your spreadsheet will calculate new retirement amounts. The intent of this exercise is also for you to learn how to do what if analysis for any of the key inputs on retirement savings. I need help writing my essay – research paper include your expected 401K (403B) balance at 10 year intervals as follows: 10 years, 20 years, 30 years, 40 years. Most of you will be 32, 42, 52 and 62 (ready for retirement) for these intervals.
2. Since 401K (403B) contributions are taken out pretax, I would like for you to calculate the difference in monthly take home pay under two scenarios:
a. Without 401K (403B) contributions
b. With 401K (403B) contributions (hint: this number will be lower, but will be offset by your savings net of taxes)
The intent of this calculation is to determine how much your take home (paycheck) will be reduced if you enroll in a 401K (403B).
Submission:
Your group submission will only be an excel spreadsheet that you will present in the classroom. No powerpoint or word document is required.
Remember, there is no right or wrong answer. The intent of this assignment is to encourage you to think critically about retirement savings when you have the opportunity post commencement to determine if you want to enroll in your company or organization’s 401K (403B).
File naming convention:
Keyword: 401K
Your file name (excel) should be Group#401K (e.g. Group1401K)
You will submit an excel file only in D2L.
——–
Spreadsheet for 401K (403B)
Objectives of Learning:
1. Introduce students to the 401K(403B) retirement plan.
2. Encourage students to participate in 401K plans (403B)
3. Calculate the monthly cost of joining a 401K (403B) retirement plan.
4. Use future value concepts to calculate the amount of retirement savings
5. Go over the purpose of the 401K (403B) retirement account.
The purpose of this paper is to quantify students’ potential total retirement savings at post-graduation intervals.
1. Make a spreadsheet to calculate retirement savings based on the following criteria.
Annual Salary: $60,000 (Monthly Salary: $5,000)
401K (403B) Contribution Percentage 6%
The company will match up to 6% of your contribution (e.g. 3 percent – 50 percent x 6 percent )
The tax rate is 25%.
Annual Investment Return Rate of 8%
Each of these fields in your spreadsheet should be editable. As an example, suppose
You Want Quality and That’s What We Deliver
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
When you decide to place an order with Nurscola, here is what happens: