InvestorWords.com

highly compensated employee 

For the purposes of retirement plans, an employee who owns 5% or more of a company or receives compensation in excess of a predetermined amount. To qualify for tax advantages, retirement plans cannot be overly favorable to highly compensated employees.

This content can be found on the following page:

Copyright©1997-2008 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback@investorguide.com

Copy and paste this HTML in your website to link to this page    <a href="http://www.investorwords.com/5603/highly_compensated_employee.html">highly compensated employee</a>