Retirees Face Surprise Tax Bill Amid Changes to Retirement Accounts. A growing number of retirees are receiving unexpected tax bills from the IRS, sparking concerns about the impact of recent changes to retirement accounts on older Americans. The surprise tax bills are largely attributed to changes in tax withholding rules for retirement accounts, which have left some retirees facing significant tax liabilities. As a result, many are left scrambling to pay the bills, which can be a significant financial burden for those living on fixed incomes.
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