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Lifestyle Spending Accounts

A perk that covers the “everything else”

What is a Lifestyle Spending Account (LSA)?

A lifestyle spending account (LSA) is an employer-funded, post-tax spending account with eligible expenses and plan details customized by the employer, that promotes healthy habits and overall well-being.

You Know Them Best

Design a plan specifically for your people

Lifestyle Spending Accounts (LSA) are a means for employers to help their employees pay for health and wellness expenses, and sometimes other costs that aren’t typically covered under a group health plan.

Employers who offer an LSA choose what expenses get reimbursed and how much each employee gets. Unlike other spending accounts such as Flexible Spending Accounts (FSAs), employers fund the LSA with money that is taxable to the employee after they spend it.

Account OptionsThere's something for everyone

Health

  • Athletic + exercise equipment
  • Gym, health club, spa, and fitness studio memberships
  • Fitness classes + lessons
  • Personal trainer, fitness trackers
  • Entry fees (ie. marathon) + passes (ie. ski, golf)
  • Nutritional counseling
  • Vitamins & supplements
  • Sports leagues
  • Weight Loss Programs

Financial

  • Home purchase expense reimbursement
  • Financial advisor + planning services
  • Estate planning
  • Financial seminars + classes
  • Identity theft services
  • Credit counseling

Education

  • Career education, adult learning and personal enrichment
  • College admissions preparation (coaching, counseling, seminars and tools)
  • Conferences & Seminars
  • Continuing education
  • Professional dues

Family

  • Adoption legal/agency fees and travel costs
  • Marriage and family therapists
  • Tutoring
  • Pet insurance 

Time Savers

  • Home repair services
  • Grocery purchases and delivery
  • Lunch delivery and/or take-out at work

Travel & Entertainment

  • Meal delivery 
  • Movie theatre
  • Theatre tickets
  • Social clubs
  • Personal travel expense
  • Personal Development (music and/or art lessons)
  • Sporting events
  • Hotels & Lodging
  • Charitable experiences
  • Concerts
  • Retreats (i.e. leadership, spiritual)
  • Camping supplies
  • Meditation
  • Annual park pass, hunting, and fishing licenses

Total Flexibility

Total Flexibility

No matter how you want to set up your lifestyle spending account (from the categories you want to cover, your merchant networks, flexible reimbursement options, to whether or not you require substantiation), you can create a custom LSA that makes sense for you, your business, and your people.
Total Well-Being

Help your workers live by give them support where they need and want it most.

Customization
You choose eligible expenses, funding and reimbursement options and your employees choose how to spend it.
Easy to Use
With convenient, quick setup, we offer easy access and minimal paperwork.

Service Offerings

Our Lifestyle Spending Accounts offer:

Easily offer a flexible, customizable lifestyle spending account your employees want AND simplify the participant experience, while managing your entire offering in one place.

  • ONE convenient online account for complete account management
  • ONE debit card for all benefits accounts (HSA, FSA, LSA, HRA, commuter benefits, or a  combination)
  • ONE mobile app to access benefits on-the-go.
  • Complete enrollment, processing and operational support

Take the next step.

Need guidance on what options would work best for your market? Or insight into how lifestyle spending accounts can be customized? We’re here to help. Call 800-436-6689 or fill out the form to the right.

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