LSAs allow you to use an employer-funded account on eligible expenses related to wellbeing.

Read on to find out specific details on using an LSA, or jump to a section with these links:

An (LSA) is an employer-funded, often post-tax account that reimburses eligible expenses related to employee wellbeing—physical, emotional, social, and financial. Each LSA plan is different, based on the design created by the employer.

Depending on your employer’s plan design, you’ll be able to use an LSA for eligible expenses for yourself and possibly family members (child, relative, and spouse per Internal Revenue Service [IRS] definition).

Depending on your employer’s requirements, you’ll purchase eligible expenses or services and be reimbursed with LSA funds. You’ll submit claims via the mobile app¹ or your online account. Once your claim is processed, you’ll receive the reimbursement through the option outlined in your employer’s plan, which may be through payroll or direct deposit or a check for the amount.

Your plan design should provide you with the amount of LSA funds you are eligible for, a detailed expense list that you can spend funds on, the receipt requirements for reimbursement, and a claims deadline for the plan period that you must spend LSA funds within.

When logged in to your account, you can see the maximum benefit amounts for your plan, as well as an eligible dependents list to see who is covered by the LSA.

You can use the mobile app or your online account to submit an LSA claim. Once your claim is processed, you’ll receive the reimbursement through the option outlined in your employer’s plan, which may be through payroll or direct deposit or a check for the amount.

¹ Accounts must be activated via the HealthEquity website in order to use the mobile app.