Irs Highly Compensated Employee 2024. Individuals receiving yearly compensation that exceeds $155,000 in 2024 or $150,000 in 2023 are considered hces. 2024 irs highly compensated employee ronny auguste, the remaining test is called the top.the final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when changes in the methodologies.
Hces are typically executives, managers, or other highly skilled or specialized employees who earn a higher income than other employees within their company. Some employees’ compensation will exceed the annual compensation limit this year.
