Vendor Sheet

Lifestyle Spending Accounts

Lifestyle Spending Accounts

Businessolver’s Lifestyle Spending Accounts (LSAs), powered by MyChoice Accounts, give employers flexible, employer-funded reimbursement options to support employee wellbeing and retention. LSAs can cover fitness, nutrition, hobbies, travel, financial planning, non-medical counseling, or home office needs, aligning benefits with company culture. Accessible through Benefitsolver and the MyChoice Mobile App, employees can easily check balances, submit claims, and track reimbursements. Employers can configure funding schedules, carryover rules, and program design to match goals. With 80% of employers prioritizing benefits that meet diverse life-stage needs, LSAs provide whole-employee support and boost engagement.

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