Intel Demo'd Iris and yes, it can do 4K @ 60Hz.
Anand Tech did an article about it, IIRC.
The performance is OK, it's not great...you can't game at that resolution, for example...no way.
Iris Pro on the other hand, that is a different story. Iris Pro actually can perform well, and you could probably game on it at 4K @ 60Hz.
The weird thing is, the 13" does not have the "Iris Pro" graphics, only the one 15" model has that...which makes no sense....Why would you want the 15" *without* a discreet GPU and only Intel on-die GPU?
The problem (that I see) you'll run into is powering the built in 13" display in scaling mode (ie. any mode other than "best for retina display") AND a 4K display @ 60Hz -- I'm not sure that will work too well.
If you set the built in display to "best for retina display" then I think it will perform well powering both...but if you use scaling with the built in display, forget about it.
Even just on it's own, the fully loaded 2013 13" retina, just it's own built-in screen -- if it's set to anything other than "best for retina display" lags. Don't believe me? Go to system preferences -> displays, change the resolution to "More Space" and scaled -- the largest one.
Then open a PDF in safari. Try pinch to zoom. Woah, where is that lag coming from?
If you have it, open Adobe Photoshop and try pinch to zoom. Yeah. Not working so well.
This is the same exact behavior on the 2012 13" retina, which has an even crappier built-in Intel GPU (HD 4000). Why they choose to call these machines "pro" is beyond me. A pro machine deserves a **dedicated** gpu. Not a fake GPU.
Iris Pro (HD 5200) could have fixed this problem without any major effect on heat or power, because on those chips, the built in GPU has 128MB of eDRAM. But none of the Intel chips that have Iris Pro on them are available for the 13" retina. Great decision making, Apple. There is ony model of 15" retina you can buy that has just the Iris Pro graphics, and no dedicated GPU. Why anyone would want to buy the 15" retina without the 750M is beyond me.
Apple needs to either put the Iris Pro GPU in the 13" or give 13" the option to have a dedicated GPU. This will fix the problems with laggy graphics. One last thing -- if you have either the 13" retina from 2012 or 2013, upgrade it to Mavericks. Mavericks gives OpenCL drivers to both 4000 and 5000 Intel GPUs.
And yes -- lastly, Multi Stream Display Port (required to drive a 4K display @ 60Hz) does not work in OS X at this moment.
If you connect a 4K monitor and try to run it at 60Hz, you'll see black on half the display.
It *does* however work in Windows though. So yeah, in order to run 4K on your mac @ 60Hz right now, you need to not run OS X and run Windows 8.
Pretty funny...