https://www.live-feeds.com/feed/at-75-the-irs-will-set-the-withdrawal-amount-on-a-900-000-401-k-affluent-investors-over-60-are-making-sure-it-s-empty-byContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/at-75-the-irs-will-set-the-withdrawal-amount-on-a-900-000-401-k-affluent-investors-over-60-are-making-sure-it-s-empty-byhttps://www.live-feeds.com/feed/at-75-the-irs-will-set-the-withdrawal-amount-on-a-900-000-401-k-affluent-investors-over-60-are-making-sure-it-s-empty-by#u174669Wed, 04 Nov 2026 17:46:41 +0000Affluent investors over 60 are actively emptying their traditional 401(k) accounts before age 75 to avoid severe tax penalties and mandatory withdrawals imposed by the IRS. Holding large balances can trigger massive tax burdens, including pushing up to 85 percent of Social Security benefits onto tax returns and driving effective marginal tax rates past 40 percent. Meanwhile, broader financial sentiment shows affluent Americans now target $2.6 million for retirement. Retirees face complex choices regarding withdrawal ordering to prevent their retirement funds from handing a disproportionate sha