As the calendar turns to 2026, Bill and Andy Bush kick off the new year by breaking down key changes affecting higher-income 401(k) participants—most notably the new SECURE 2.0 rules requiring Roth catch-up contributions for certain earners. They unpack who the rules apply to, how they intersect with other income thresholds, and why many six-figure earners still feel behind despite strong incomes. Along the way, the brothers share practical New Year's resolutions that actually move the needle: optimizing (not just maxing) your 401(k), improving tax efficiency, managing emotions, reducing complexity, and defining what "enough" really means so your money supports both your future and your life today.
⏱ Episode Timeline & Key Topics
00:08 – Welcome & Happy New Year
Bill and Andy kick off the first episode of 2026, reflecting on the new year and why this episode revisits financial "reset" themes—especially for higher-income participants.
00:45 – Why This Episode Matters Right Now
The brothers recap last year's New Year–focused episode and explain why 2026 brings new wrinkles in the 401(k) world that deserve attention.
01:15 – SECURE 2.0 Roth Catch-Up Rule Explained
Introduction of the new rule requiring Roth catch-up contributions for certain high earners:
02:30 – Who Is (and Isn't) Subject to the Rule
Clarification on:
03:45 – Implementation Challenges & Plan Decisions
Discussion on delayed rollout, transition relief, and why some plans chose to eliminate catch-ups rather than add Roth complexity.
04:10 – Super Catch-Up Contributions (Ages 60–63)
Overview of the enhanced "super catch-up":
04:55 – Three Different "High Income" Definitions
Breaking down commonly confused thresholds:
05:45 – Six-Figure Earners Living Paycheck to Paycheck
Why many high earners still feel financially stretched—and how lifestyle expansion plays a major role.
06:45 – Spending vs. Saving: The Real Challenge
Why high earners often save well—but still struggle:
08:15 – Roth Trade-Offs for High Earners
Pros and cons of being "forced" into Roth catch-ups:
09:50 – Retirement Tax Planning & IRMAA Considerations
How different account types affect:
10:40 – Why HSAs Deserve Special Attention
HSAs as one of the most tax-efficient retirement tools—especially for those uncomfortable with Roth catch-ups.
11:30 – Roth vs. Taxable Brokerage Accounts
Why Roth accounts offer long-term advantages over taxable investing for money you don't need immediately.
12:30 – Using Roth Assets Strategically
Real-world examples:
🎯 Financial New Year's Resolutions for High Earners
13:30 – Optimize Your 401(k), Don't Just Max It
Why alignment matters more than simply hitting contribution limits.
14:30 – "Above the Corn Stalks" Perspective
Bill's analogy for stepping back, gaining clarity, and checking direction—not just reacting to day-to-day financial noise.
15:10 – Small Adjustments, Big Impact
Using plan tools, reviewing statements, and making incremental changes that compound over time.
15:55 – 1% Improvements vs. Working Longer
Why small efficiency gains may—or may not—outperform delaying retirement, depending on your goals.
16:40 – Keep Emotions Out of Investing
Why larger account balances amplify emotional reactions—and how long-term discipline matters more than headlines.
17:55 – Time Horizon Is the Anchor
Planning for potentially decades-long retirements and staying focused on the "North Star."
18:25 – Reduce Financial Complexity
Why consolidating old accounts:
19:50 – Defining "Enough"
A candid discussion on shifting goalposts, relationships, and balancing financial ambition with life satisfaction.
✅ January Checklist for Participants
21:00 – Review Beneficiaries
Especially important after plan recordkeeper changes—designations may not transfer.
21:40 – Update Contribution Elections for 2026
Key limits:
22:55 – Review Investment Allocation
Confirm your risk level still matches your time horizon and comfort level.
23:30 – Be Intentional About Improvement
Progress doesn't require perfection—just purposeful action.
24:00 – New Look, Same Mission
Bill and Andy share updates on refreshed podcast artwork and reiterate their commitment to helping participants gain clarity and confidence.
24:30 – Final Thoughts & How to Reach the Brothers
High income creates opportunity—but only when paired with intention, planning, and follow-through.
📌 Closing Disclaimer
he views depicted in this material are for information purposes only and are not necessarily those of Satara Advisors LLC. They should not be considered specific advice or recommendations for any individual. Neither Satara Advisors LLC nor any of its representatives may give legal or tax advice. Pete Bush, Bill Bush, and Andy Bush are registered representatives offering securities and advisory services offered through Satara Advisors LLC. Member FINRA SIPC, a broker dealer and registered investment advisor. Cetera is under separate ownership from any other named entity. 15015 Jamestown Boulevard, Suite 100, Baton Rouge, Louisiana 70810.
