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Required reciept on FSA's


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Guest bankin4
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I have recieved a letter from a 3rd party administrator saying thier company pays on a daily basis. They require no reciepts on Medical or Daycare. They say FSA's under 125 need no reciepts they just take your word and tell you to keep the reciept in case of an audit. What law does this fall under & how are we to compete with these people.

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