August 21, 2024

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Highly Compensated Employee Limit 2024

Highly Compensated Employee Limit 2024. This threshold is based on the employee's compensation from the previous year. 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 as a highly.


Highly Compensated Employee Limit 2024

For example, in 2024, an employee must have earned at least $150,000 in 2023 to be. For 2024, the contribution limit is $23,000.

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