Highly Compensated Employee Limit 2024

Highly Compensated Employee Limit 2024. To qualify for the highly compensated employee (hce) exemption under the flsa, each employee must satisfy the following: The 2024 contribution limit for hsas is $4,150 for individuals and $8,300 for families, an increase from 2023's $3,850 and $7,750.

An hce can be defined as an employee who owned more than 5% of the company at any time during the year (or the year before). While hsas are not technically retirement.