For the purposes of retirement plans, an employee who owns 5% or more of a company or receives compensation in excess of a predetermined amount. To qualify for tax advantages, retirement plans cannot be overly favorable to highly compensated employees.
Related information about highly compensated employee:
- Highly Compensated Employee Definition | Investopedia
For employer-sponsored, tax-advantaged retirement plan purposes, anyone who is a 5% owner of a company or who received more than $110000 in ...
- What does it mean to be labeled a "highly compensated employee ...
Mar 8, 2012 ... I was just notified that I am considered a highly compensated employee in regards to my 401k . What exactly does that mean for me? Is this an ...
- 401k Limits for Highly Compensated Employees
Jun 30, 2011 ... In order to be considered a highly compensated employee, the employee must make over $110,000 per year (2011) AND be in the top 20% of ...
- What is a Highly Compensated Employee? - Bargaineering
Mar 31, 2010 ... Are you a highly compensated employee? No matter what you make, you probably don't feel like a highly compensated employee (what's that ...
- Highly Compensated Employee Rules Aim to Make 401k's Fair ...
Highly Compensated Employee (HCE) Rules Aim to Make 401k's Equitable.
- The Impact of Being a Highly Compensated Employee
Feb 21, 2011 ... Some of your employees may have recently received a letter in the mail notifying them that they are considered an HCE – highly compensated ...
- Fact Sheet #17H: Highly-Compensated Workers and the Part 541 ...
A highly compensated employee is deemed exempt under Section 13(a)(1) if: 1. The employee earns total annual compensation of $100,000 or more, which ...
- 401(k) - Wikipedia, the free encyclopedia
A 401(k) is a type of retirement savings account in the U.S., which takes its name from subsection 401(k) of the Internal Revenue Code (Title 26 of the United ...