{"ok":true,"trend":{"id":849475,"platform":"news","region":"global","key":"vanguard says the typical 401(k) for workers over 65 holds about $88,000. taking it as a lump sum the year you retire can hand a quarter of it to the irs","title":"Vanguard Says the Typical 401(k) for Workers Over 65 Holds About $88,000. Taking It as a Lump Sum the Year You Retire Can Hand a Quarter of It to the IRS","url":"https://news.google.com/rss/articles/CBMipgJBVV95cUxOUVV2WWtnWmZPblhZdGdFS0xPNVpmc29sRWdhZ3FwQXc1VG1nZl92RUhPc2lWQnk4V0VHT09UVkdsZEFReGUxb0RISFk2RktYNENxZGdoMDU5NmV1ZmxVNDZwcklHOS1oclVnemhkY0NxZW55NWk3OGJ5UjVCRVhXUWxhNEFZMnl0cHdPQTJQVnJSa1Y1Y1cxMUExMldZdUJwc1Q5dDlwUFNtdzdiT1dhZ01EdlQyVGE1VzQ0WHZpYm5GNjhRMUNfTUFpVXU5REtuQ2tQTVd6cGk4VUNlVlhrRDJ4a01QeEF1V2E0NEsybXl6b2pNRGVSRGtkd29uSmh4T0dRcEJrdmdHc0VEbjg3U1VtUTEzMzRScllLNTZxNmJBR2tjVHc?oc=5","first_seen":"2026-10-03T10:40:35.038703Z","last_seen":"2026-10-03T16:09:21.792161Z","last_rank":32,"peak_rank":19,"last_volume":null,"peak_volume":0,"seen_count":5,"score":0.8371875,"category_hint":"personal_finance","section":"business","category":"personal_finance","summary":"Vanguard data indicates the average 401(k) balance for workers over 65 is roughly $88,000. Financial commentary warns that cashing out the entire balance as a lump sum in the year of retirement could push a retiree into a higher tax bracket, potentially handing about a quarter of the savings to the IRS. The report is prompting discussion about spreading withdrawals across years and other tax-efficient ways to draw down retirement accounts.","why":"Retirees are weighing the tax cost of lump-sum 401(k) withdrawals against the modest balances many workers actually hold.","tone":"neutral","entities":["Vanguard","IRS"],"summarized_at":"2026-10-03T17:00:55.140790Z","meta":{"via":"scan","lang":"en","term":"personal finance","source":"247wallst.com","published":"Sat, 03 Oct 2026 10:34:00 GMT"},"nw":null,"promo":null,"kind":null,"importance":null,"hidden":false,"hide_reason":null,"judged_at":null,"title_en":"Typical 401(k) for Over-65 Workers Holds About $88,000, Vanguard Says","section_name":"Business","category_name":"Personal Finance","timeline":[{"captured_at":"2026-10-03T10:40:35.038703Z","rank":20,"volume":null},{"captured_at":"2026-10-03T12:03:00.001731Z","rank":19,"volume":null},{"captured_at":"2026-10-03T13:24:57.994105Z","rank":24,"volume":null},{"captured_at":"2026-10-03T14:46:59.773567Z","rank":29,"volume":null},{"captured_at":"2026-10-03T16:09:21.792161Z","rank":32,"volume":null}],"posts":[{"platform":"news","url":"https://news.google.com/rss/articles/CBMipgJBVV95cUxOUVV2WWtnWmZPblhZdGdFS0xPNVpmc29sRWdhZ3FwQXc1VG1nZl92RUhPc2lWQnk4V0VHT09UVkdsZEFReGUxb0RISFk2RktYNENxZGdoMDU5NmV1ZmxVNDZwcklHOS1oclVnemhkY0NxZW55NWk3OGJ5UjVCRVhXUWxhNEFZMnl0cHdPQTJQVnJSa1Y1Y1cxMUExMldZdUJwc1Q5dDlwUFNtdzdiT1dhZ01EdlQyVGE1VzQ0WHZpYm5GNjhRMUNfTUFpVXU5REtuQ2tQTVd6cGk4VUNlVlhrRDJ4a01QeEF1V2E0NEsybXl6b2pNRGVSRGtkd29uSmh4T0dRcEJrdmdHc0VEbjg3U1VtUTEzMzRScllLNTZxNmJBR2tjVHc?oc=5","author":"24/7 Wall St.","title":"Vanguard Says the Typical 401(k) for Workers Over 65 Holds About $88,000. Taking It as a Lump Sum the Year You Retire Can Hand a Quarter of It to the IRS","snippet":null,"posted_at":"2026-10-03T10:34:00Z","likes":null}],"elsewhere":[],"window":"7d"}}