New IRS ruling taking effect on January 1, 2011 that will impact your over-the-counter (OTC) product purchases

Holders of medical flexible savings accounts (FSA) - heads up! As a result of healthcare reform (Obamacare), the new ruling states that any OTC item that is considered a drug or medicine will now require a prescription written by your doctor in order to be reimbursed from your FSA plan.

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