Highly Compensated Employee Definition 2024

Highly Compensated Employee Definition 2024. Defining highly compensated employees (hces) the irs defines a highly compensated employee as someone who meets either of the following criteria : The irs has three set tests to determine whether an employee is a key employee:


Highly Compensated Employee Definition 2024

The regulations contain a special rule for “highly compensated” employees who are paid total annual compensation of $107,432 or more. Or, regardless of ownership, if an employee earned more than $155,000 in 2024 (up from $150,000 in 2023).

Highly Compensated Employee Definition 2024 Images References :

Updated: