Lifestyle Spending Accounts (LSAs)

Personalize benefits budgets, reduce HR & Finance workload, and empower employees with choice.

 

Why Do Teams Choose Customizable Spending Accounts?

Most companies struggle to offer benefits that truly resonate with their workforce. To solve this, they resort to adding more benefits and perks, but only to find out they’re too complex and employees don’t value them. LIVD created a better way – by offering customizable spending accounts that prioritize personalization.

Lifestyle Spending Accounts (LSA)

These customizable, employer-sponsored spending accounts let employees allocate funds based on their personal priorities.

Personalizing benefits ensure that each dollar spent maximizes value and boosts employee satisfaction.

 

$1 in an LSA has the perceived value to employees of

$1.50

Each dollar an employer contributes goes 50% further than other compensation.

How employees use their LSAs

Roberto bought a new bike to make his commuting easier.
Sandeep was able to buy a video game console.
Jane was able to use her funds to buy new headphones.
Sarah is taking her chef game to the next level!
Riley makes a childhood dream come true by taking drum lessons.
Sam takes his kids for a vacation.

Empower your team with flexible benefits