What is an LSA?
A Lifestyle Spending Account is a fully customizable, employer-funded, post-tax spending account that promotes healthy habits and overall well-being. Employees can be reimbursed for a variety of expenses related to living a healthier lifestyle, reducing healthcare costs and improving employee satisfaction.
Employers: Build a custom LSA for your organization
As an employer, customize your LBS-provided Lifestyle Spending Account so that you prioritize the things that matter most to your employees.
Brokers: Stay competitive by partnering with LBS
Demonstrate your expertise by offering cost-effective Lifestyle Spending Accounts that can be modified at any time, allowing for real-time flexibility in your offering to clients. Talk to us about how LSAs can help you
Employees: Easily manage your LSA
Do things good for your wellbeing, like art classes or visiting the health spa (eligible expenses are determined by your employer). Then, claim your expenses in
Work with LBS to maintain a comprehensive LSA offering
With flexible reimbursement options—either through payroll or direct reimbursement—LBS makes it easy to administer LSAs while ensuring employees receive the support they need.
Take the first step towards savings
Reimburse through payroll
Complete the reimbursement and tax withholdings simultaneously through your organization's payroll.
Reimburse directly by LBS
LBS processes claims and reimburses the employee directly. Then, we provide you with the info you need to report appropriate taxes.
