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2024 Highly Compensated Employee Limit

2024 Highly Compensated Employee Limit. The annual limit for elective deferral. In addition to making sure a company’s hce contributions don’t exceed nhce contributions through ndt, the irs also imposes contribution limits.


2024 Highly Compensated Employee Limit

The table below compares the applicable dollar limits for certain employee benefit programs and the social security wage base for 2023 and 2024.* In 2024, any 401k highly compensated employee’s single filing can contribute up to a maximum of $23,000.

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