Lifestyle Spending Accounts (LSAs): A Creative and Impactful Way to Enhance Compensation and Value-added Benefits

Top employers are elevating their retention game by offering employees benefits that impact their everyday lives. Learn how to be the ‘employer of choice’ by offering benefits accounts that help subsidize a variety of daily living services and products, without creating “point solution overload”. Employers utilizing LSAs can easily address benefit gaps with a targeted and inclusive strategy, that will offer something meaningful to every employee.

You'll walk away with valuable insights such as what an LSA is and how it differs from HRAs, FSAs and HSAs, why LSAs are becoming so popular, how LSAs are designed and funded, compliance considerations regarding eligible expenses and taxability, creative use cases for LSAs as part of a broader people strategy, and an overview of the vendor marketplace for LSA administration.