Non-highly compensated employee - How To Discuss
Non-highly compensated employee,
Definition of Non-highly compensated employee:
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