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Highly compensated employees in Amazon can't contribute the total yearly amount to their 401ks. >In the simplest terms, contributions made by HCE’s can’t be ex
by undersuit 7y ago
Highly compensated employees in Amazon can't contribute the total yearly amount to their 401ks.
>In the simplest terms, contributions made by HCE’s can’t be excessive when compared to those of non-HCE’s. For example, if the average plan contribution by non-HCE’s is 4%, then the most an HCE can contribute is 6%.
Not that I hear much complaining about the compensation, they're rolling in after-tax dollars and RSUs.