Non-highly compensated employee

Non-highly compensated employee,

Definition of Non-highly compensated employee:

  1. Employees who have salaries below a certain amount. The IRS has developed rules that prohibit retirement plans from favoring highly compensated employees. Plan administrators must be able to demonstrate that highly compensated employees and non-highly compensated employees are treated the same way.

Meaning of Non-highly compensated employee & Non-highly compensated employee Definition