Highly Compensated Employee 2024 Fsa Eligible

Highly Compensated Employee 2024 Fsa Eligible. Keep reading for the updated limits in each category. Amounts contributed are not subject to federal income tax, social security tax or medicare tax.


Highly Compensated Employee 2024 Fsa Eligible

If you receive compensation in 2024 that’s more than $155,000 and you’re in the top 20% of employees as ranked by compensation, your employer can classify you. This fact sheet provides information on the exemption from minimum wage and overtime pay provided by section 13 (a) (1) of the flsa as it applies to highly.

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