Empower Employees with a Flexible Lifestyle Spending Account (LSA) for Team Building Expenses

Lively ‘Team Boost’ LSA

Eligible expenses for team building

Employers can start from our carefully curated list of expenses, and easily customize this LSA by adding or removing items.

Eligible team building expenses include:

  • Airplane tickets

  • Meals

  • Milestone celebration (birthday, promotion, life event)

  • Team or group event

  • Activity expense

  • Customer entertainment or event

  • Travel expenses

  • Gift / Memento expense

  • Team accommodations

Lively tracks market data and research about what employees are looking for and will continue expanding our LSA offering to help employers stay on top of evolving needs.

brand-illustrations-team-boost-lsa

Learn more about LSAs

benefits of a lifestyle spending account

Benefits

Should Employers Consider Adding Lifestyle Spending Accounts as an Employee Benefit?

Lauren Hargrave · June 6, 2023 · 10 min read

The benefits to offering employees an LSA are wide ranging and will vary depending on the demographic makeup of your workforce. These accounts help to support remote workers, employees from different socioeconomic backgrounds, and employees at different life stages, such as starting their career or starting a family.

offer employees a lifestyle spending account

Benefits

Empowering Your Workforce with a Lifestyle Spending Account

Lauren Hargrave · July 3, 2023 · 7 min read

You can incorporate employee empowerment and wellness into your company ethos by offering a Lifestyle Spending Account (LSA). An LSA signals to employees that the company not only supports their wellness (physical, mental, and financial) but it also believes employees are the ones who can best make decisions about what they need. It empowers them to take their wellness journeys into their own hands.

employee fitness and wellness

Benefits

Designing an LSA Program: Best Practices for Employers

Lauren Hargrave · July 11, 2023 · 7 min read

LSAs are a relatively new type of benefit so many employers and employees alike aren’t as familiar with them other types of benefits. LSAs are essentially an allowance an employer gives its employees to spend on predetermined everyday expenses. The account is fully funded by the employer and employees pay income taxes on the amount they use.

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