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The House of Representatives approved a measure to amend the FSA "use-it-or-lose-it" provision (photo:freedigitalphoto.net)

Despite a White House veto threat, the House on Thursday approved legislation that would amend a 28-year-old rule requiring flexible spending account users to forfeit their unused balances. The bill also lifts restrictions on using FSAs and health savings accounts for over-the-counter drugs.

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