Compliance

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Compliance Alerts

2023 Year-end Checklist for Employee Benefit Plans

Although the end of the year is a busy time, employers should continue toprioritize compliance requirements for their employee benefit plans. Thereare several benefits-related tasks that employers should make sure arecompleted by the end of 2023, such as: Submitting a...

Amazon Offers Primary Care to Prime Members for $99 a Year

Amazon recently announced that it will offer AmazonPrime subscribers discounted One Medicalmemberships for an additional $9 per month ($99annually). This announcement comes roughly oneyear after Amazon purchased One Medical, a virtualand in-person primary care...

FDA Approves New Weight Loss Drug Zepbound

The U.S. Food and Drug Administration (FDA) recentlyapproved Zepbound, further expanding the market ofgovernment-approved weight loss medication. Thenew injectable drug, which is made by Eli Lilly andCompany, is intended for use by adults with obesityor those...

Qualified Transportation Fringe Benefit Limits to Increase in 2024

The IRS has released Revenue Procedure 2023-34, which includes cost-of-living adjustments for employee qualified transportation fringe benefits for the 2024 taxable year, along with annually adjusted numbers for 2024 for other tax provisions. The combined monthly...