Highly Compensated Employee 2024 401k Limits 2024

Highly Compensated Employee 2024 401k Limits 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). In 2024, any 401k highly compensated employee’s single filing can contribute up to a maximum of $23,000.


Highly Compensated Employee 2024 401k Limits 2024

If your employer limits your contribution because you’re a highly compensated employee (hce), the minimum compensation to be counted as an hce. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.

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