Highly Compensated Employee Threshold 2024

Highly Compensated Employee Threshold 2024. In april 2024, the united states department of labor (dol) released a final rule that will increase the minimum salary amount required to be paid to certain. Or, regardless of ownership, if an employee earned more than $155,000 in 2024 (up from $150,000 in 2023).


Highly Compensated Employee Threshold 2024

There is also an exemption for highly compensated employees. If your employer limits your contribution because youโ€™re a highly compensated employee (hce), the minimum compensation to be counted as an hce.

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