IDACORP INC — Form 10-Q
Filed July 30, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 12/100
What the filing says
Idaho Power Company adopted the Ninth Amendment to its Employee Savings Plan effective January 1, 2025–2026, implementing SECURE 2.0 Act catch-up contribution rules. Participants age 50+ can now contribute catch-up amounts up to $23,500 (2025), with higher limits for ages 60–63. Employees earning over $145,000 (2024, indexed) must make catch-up contributions as Roth deferrals. The amendment also updated the definition of Company Stock to reference IDACORP Inc. common shares.
Why this rating
Routine plan amendment implementing federal tax law. No material financial, operational, or strategic impact to $6.2B company. Standard compliance update.
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