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What Have You Done for Me Lately? Getting Employee Attention with Lifestyle Spending Accounts

June 07, 2022 (2 min read)

The purpose of a lifestyle spending account (LSA) is for employers to offer employees access to funds that reimburse the cost of common and beneficial expenses incurred during ordinary life. The LSA concept is flexible enough that there is no uniform definition of LSAs or what they offer. 

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  • Fringe Benefit Rules (IRC §132)
    Learn more about the fringe benefit programs available to employees. Many fringe benefits are nontaxable or the amount of their value that’s included in the employee’s income is less than their fair market value.

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