What Is A Highly Compensated Employee 2024 . Last year, i only made $93,000 and i put 20% into my 401k. If you receive compensation in 2024 that's more than $155,000 and you’re in the top 20% of employees as ranked by compensation, your employer can classify you.
Employees also may be highly compensated based. A highly compensated employee (hce) is an individual who meets one of the following criteria:
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Highly Compensated Employee Definition 2021 DEFINITION GHW , If your employer limits your contribution because you’re a highly compensated employee (hce), the minimum compensation to be counted as an hce.