Highly Compensated Employee 2024 Salary. — this weekly salary standard will automatically increase to $1,128 on january 1, 2025. — for 2024, a 401 (k) participant filing single can contribute up to $23,000 (up from $22,500 in 2023).
Department of labor (“dol”) released a new final rule that significantly increases the minimum salary threshold to qualify for the. — the final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date.