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Policy gears Although the provisions of California’s new FSA law are fairly brief, it is fairly vague and raises significant questions about how to comply. (Photo: Shutterstock)

Employers generally look to federal regulations for guidance on how to design, administer and maintain compliant flexible spending account (FSA) plans for their employees. Traditionally, this tax favored account-based benefit has been regulated by the U.S. Department of Labor and the Internal Revenue Service.

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