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The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.

The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
MarketWatch Wednesday 22 July 2026, 19:15 UTC By Alessandra Malito 1 min read
Key Points

More than 200 individuals had a total of more than $85 billion in tax-sheltered retirement accounts

More than 200 individuals had a total of more than $85 billion in tax-sheltered retirement accounts [Image text:] TAX THE RICH
Originally published by MarketWatch Read original →

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