The IRS has proposed new rules for catch-up contributions, which are extra contributions to 401(k) or similar retirement plans for employees aged 50 or older.
Announced on Jan. 10, the proposed regulations aim to clarify how statutory changes introduced by the SECURE 2.0 Act should be implemented. With the proposal, the agency is also seeking to address public feedback received in response to an earlier notice, which provided initial guidance on catch-up contribution requirements.
The proposed rules introduce several key updates to the Internal Revenue Code (IRC) that are intended to improve retirement savings options and ensure compliance with the SECURE 2.0 Act.
Starting in 2026, employees earning more than $145,000 annually will be required to make their catch-up contributions as after-tax Roth contributions. While these contributions will not reduce taxable income in the year they are made, they will grow tax-free, and withdrawals during retirement will not be taxed. This change applies to employees aged 50 or older who participate in 401(k), 403(b), or similar retirement plans.
Until the Roth requirement takes effect in 2026, all eligible employees aged 50 or older, regardless of income, will still be able to make catch-up contributions under the existing rules. […]
— Read More: www.theepochtimes.com
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
But even as it seems nearly impossible to make a living, there are blessings that should not be disregarded. By highlighting strong sponsors who share our America First worldview, we have been able to make lifelong connections and even a bit of revenue to help us along. This is why we enjoy symbiotic relationships with companies like MyPillow, Jase Medical, and Promised Grounds. We help them with our recommendations and they reward us with money when our audience buys from them.
The same can be said about our preparedness sponsor, Prepper All-Naturals. Their long-term storage beef has a 25-year shelf life and is made with one ingredient: All-American Beef.
Even our faith-driven precious metals sponsor helps us tremendously while also helping Americans protect their life’s savings. We are blessed to work with them.
Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
JD Rucker
