Discovery Series – Session 1: Understanding LSAs

October 29, 2024

Penned by Sarah Claxton and filed in HR Insights

Espresa Understanding Lifestyle Spending Accounts (LSAs) from Espresa on Vimeo

In the age of remote work and the Great Resignation, companies are looking to create a more engaging and rewarding work environment for their employees.

Lifestyle Spending Accounts (LSAs) allow employers to offer personalized benefits that align with their employees’ needs and values as part of a total rewards package. Offering flexible reimbursements that promote total well-being, LSAs present a modern approach to employee benefits that traditional plans lack.

Join Espresa’s Vice President, Workplace Culture Solutions, Brandon Markham and Chief Brand Office Sylvia Flores for the first session of our four-part Discovery Series on Lifestyle Spending Accounts (LSAs). We’ll cover all the basics of LSAs and answer some of your most pressing questions about this popular benefit.

In this first session, we will:

• Learn how LSAs offer unique flexibility and customization for employers to meet diverse workforce needs and how they compare to traditional plans like HSAs, FSAs, and HRAs
• Discover the key elements of successful LSA programs, including thoughtful plan design, budget allocation, and consideration of tax implications
• Explore how LSAs can create a positive work environment where employees feel valued and appreciated

Featured speakers

Brandon Markham, Vice President Workplace Culture Solutions, Espresa

Sylvia Flores, Chief Brand Officer, Espresa

Ready to learn more about Espresa’s Lifestyle Spending Account program? Reach out to our team to schedule a demo today!