Subsequent Event |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| EBP 002 | |
| EBP, Subsequent Event [Line Items] | |
| Subsequent Event | Note 10—Subsequent Event Effective January 1, 2026, the following changes were made: • Participants turning age 60 to 63 during the year have an increased catch-up contribution limit available ($11,250 in 2026 and as indexed in future years). •
For participants with Phillips 66 FICA wages (Box 3 of Form W-2) of more than $150,000 (as indexed in the future years) in the prior year (2025), catch-up contributions must be made on a Roth after-tax basis. |