Click the search bar. Examples of Eligible Expenses Lifestyle Spending Accounts Promote healthy habits and overall well-being by creating your fully customizable. This benefit reimburses you up to $125 quarterly (a total of $500 per year) for eligible well-being purchases and services. League Support Website for U. Navigate to this tab in order to see your entire claims history. The annual reimbursement limit. Imagine you want to understand what products employees are buying the most in Lifemarket. You can receive payment for your Lifestyle Spending Account (LSA) claims through Direct Deposit. This benefit reimburses you up to $125 quarterly (a total of $500 per year) for eligible well-being. Is this your lifestyle spending account? You should ask your HR department or call Manulife for the list of eligible expenses as it can vary by employer. after-school programs, and babysitters are also eligible expenses. As a part-time employee (working between 20-29 hours a week), you’ll get a Lifestyle Spending Account with a $100 balance that you can use on products and services that help you live a healthier life. Members with a League spending account, like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). What you need to know. The Canada Revenue Agency (CRA) regulates what expenses are covered. Here’s how it works at my workplace. A cap set at, say, 20 per cent over the average Premier League wage bill would give a figure of £193 million, which would only affect five clubs. Unfortunately, purchases made before your enrollment date are not eligible to be claimed. Spending account claims for purchases made before enrolling with League Understand the "Paid" spending account claim status Troubleshoot partial spending account reimbursementsA dependent must meet the following criteria: A resident of Canada (this residence requirement does not apply if the person is the child or grandchild of the individual or of the individual’s spouse or common-law partner) Note: If you want to add a common-law partner as a dependent to your League Health Spending Account (HSA), you need to. Health ProgramsHealth Programs are a fun way to work towards your health goals. A few common reasons for a partial reimbursement are: Some of the products or services being claimed are not eligible for coverage. A more comprehensive plan for those who may have frequent medical appointments or a pre-existing condition. At the same time, HR teams can consolidate budgets, integrate multiple point solutions, and engage and delight employees – all while positively impacting business outcomes. The name of the seller. members. When you set up direct deposit, any money we reimburse you will automatically be deposited in your bank. Lifestyle Spending Account: eligible expenses. Enter your: Full name. Lifestyle Spending Accounts (LSA) cover many other services and products you can access to live a healthier life, such as: gym memberships, yoga and meditation etc. 7. If funds were transferred from an HSA to an LSA (which can be spent on things other than eligible medical expenses), the HSA would no longer meet the requirements of a private health services plan. Instead, you’ll be able to contribute up to the maximum of $3,850 in 2023 as an individual ($3650 in 2022) or up to $7,750 as a family ($7,300 in 2022). 10,000+ U. Nestlé Lifestyle Spending Account (LSA) Eligible Expenses Acupuncture (not covered by the group health plan) Identity Theft Services* Air Purifiers Indoor/Outdoor Exercise Machines (i. Select any. A Lifestyle Spending Account is an employer-funded account that enables employees to apply post- or pre-tax dollars toward the benefits they love most. Your dependents can use the money too! Need a little help submitting your claim to League? Don't worry, we've got your back! Submitting a claim to your League Lifestyle Spending Account (LSA) or Health Spending Account (HSA) is easy. It's that quick! Note: Your banking information needs to be added to your League. You can cancel a pending claim as long as the claim is not in a "Paid" status. Unlike other. May I ask if this is something that I would need to pay first and then get reimbursed. View instructions for: Mobile Web On Mobile: 1. Click "Add Image" to add documents, or click the "X" to remove a document. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston Celtics Arsenal F. Typical contributions to LSAs generally range from $500 to $2,000. Wellness — fitness classes, gym memberships, nutrition counseling, sports leagues, ski passes, meditation and fitness equipment; Financial planning — financial planning and estate. Live a healthy lifestyle. When you edit a claim you can edit or add additional documents, notes like provider name and service date, and the total dollar amount you're requesting. Reimbursements from this account are considered a taxable benefit, meaning you will pay taxes on the money you receive from this account. Lifestyle account expense examples. This core value is a pillar of our business and critical to our success. offering a lifestyle spending account Here are most common contribution schedules for employers with a WEX LSA: 56% Monthly: 17% Quarterly: 7% Other: 20%. Take the amount of money you requested from your Lifestyle Spending Account (LSA) Send your payment for processing. The Federal Flexible Spending Account Program (FSAFEDS) is sponsored by the U. Also offered is the Group Registered Retirement Savings Plan (RRSP), Non-Registered Savings Plan and a Tax-Free Savings Account (TFSA) to help you achieve your short and long-term savings goals. Bank account one: the cash hub. We can reimburse you through direct deposit or INTERAC e-Transfer. Employers who offer an LSA choose what expenses get reimbursed and how much each employee gets. View instructions for: Mobile; Web On Mobile: 1. You can then submit the remaining balance against a spending account for reimbursement. You'll either be taxed by your employer on your paycheque, or you'll receive a T4A Form for Canada Revenue Agency (CRA. 1. Does your employer offer a Lifestyle Spending Account (LSA), Health Spending Account (HSA), or a custom spending account (a spending account that’s unique to your employer)? If so, your employer will either: Choose exactly how much money they allocate towards a spending account. Employee Support Programs. You can choose your Lifestyle Spending Account (LSA), League Credit, or credit card as Payment Methods when you checkout. Add dependents during enrollment. Tap the ellipsis (three dots) icon. Flexible time off. 2. 4. Web . Employees can decide what they spend the money on, which increases their engagement with their job and. Option 2. Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John. Travel. How often funds are made available in accounts. Keep in mind this balance is the total amount of money available for you and any dependents you have (for example, if it says you have $1000. phone number: Number of Employees: Sentinel’s lifestyle spending account (LSA) solutions provide total flexibility to help your employees pay for expenses not typically covered under a group health plan. It is the best option for companies looking to boost engagement in their wellness program, but also an excellent choice as a standalone. All we need from you is a digital or handwritten receipt (issued by the seller) that includes:A lifestyle spending account is an account employees can use to spend on lifestyle benefits. Finding your e-Transfer passcode. make a purchase and submit a picture of the receipt and any other required information in your League Wallet. Find quick answers to your questions about using League and understanding your benefits. This personalized benefit reimburses you up to $500 for eligible wellbeing purchases in four key categories: emotional, physical, financial and social. Select the spending account you want to be. League typically processes spending account claims within 24 hours. Your employer has designed a unique plan to include products and services to help. Get exclusiveAnyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). Eligible expenses are not limited to this list. Coverage for Lifestyle Spending Accounts (LSA) varies based on the policy your employer has chosen. A description of each item you bought. Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). in charge of their health. S. Only HealthEquity delivers the integrated solutions (HSA, FSA, HRA, Commuter, COBRA, and Lifestyle benefits) you need to simplify benefits and truly impact people’s lives. On Mobile: 1. View instructions for: Mobile. On Web: 1. Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). Submitting spending account claims While you can’t directly pay for things with your spending account, you can submit a claim and we’ll reimburse you the money you spent. members. Move your claim into a “Paid” status. Lifestyle: covers expenses that are related to personal or recreational activities, such as gym memberships, hobbies, travel, and other forms of entertainment. Once you've done then, restart your computer and attempt to join a custom match to. You can use the money in this account to buy a variety of lifestyle and wellness products and services. A quarterly contribution of $125 will be allocated on January 1, April 1, July 1 and October 1 to be used during that calendar. The most common spending account offered by League is the Lifestyle Spending Account (LSA), but there are other types and your employer decides which ones to offer you. Health plan leaders from Highmark Health, Capital District Physicians’ Health Plan (CDPHP) and more share their insights on the value of consumer experience (CX) in driving member growth and retention. You’ll now see a card at the top of your screen. Continue reading to learn all about how a LSA works. Dog WalkingThe CRA doesn’t oversee Lifestyle Spending Accounts (LSA), which can be spent on a wider variety of products and services and are taxable benefits. To submit a claim, go to your League Wallet and pick a spending account, then click “Submit Claim”. League Support Website for U. See instructions for: Mobile. What is a Lifestyle Spending Account (LSA)? Submitting spending account claims to League; View All (20+) Spending Account Reimbursements Opens in new window. Find quick answers to your questions about using League and understanding your benefits. League Support Website. You’ll also get 24/7 access to. 3. Each quarter we get to take a wellness day (with no notice required!) to relax, recharge, and refuel. 659. With an LSA, employers create the program. Continue reading to learn all about how a LSA works. Report Qualifying Life Events (QLEs) Enroll in benefits for new hires Find information about your benefits options in the enrollment experience Finalize your benefits elections for new hires View a summary of your benefits elections and premiums. Employers, payers, pharmacy retailers and healthcare providers use our award-winning platform to deliver integrated and personalized health experiences that drive consumer engagement. 3. Each vendor on Lifemarket has their own refund and exchange policy, based on the type of product and shipping method you select. Forma is designed for a delightful experience. Frydey. Note: We issue the refunds in the same order as the payment. Credit card. In fact, 21 percent of our lifestyle spending accounts (LSAs) offer some kind of family planning or reproductive health benefit. g. A Health Savings Account (HSA) has very specific rules. Benefits of using Lifemarket. Money you spend from this account isn’t taxed (except in Quebec) Lifestyle Spending Account Your Manulife group benefits plan includes a Lifestyle Spending Account (LSA). S. Add dependents during enrollment. workplace wellness employee engagement employee benefits workplace health productivity modern employee league webinar series lifestyle spending accounts spending accounts lsa hsa health spending accounts engagement talent. Enter a number in the “Your Contribution” text box, next to the spending account you want to allocate money towards. Lifemarket return policy. Overview & Eligibility. Alegeus experts Duke Janssen, leader of reimbursement accounts, and Dan Zydek, product manager – lifestyle, rewards & incentives, recently led a webinar in which they explained the ins and outs of lifestyle spending accounts (LSAs). We do this to keep your account safe. Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA). This card displays how much money is left in the spending account. You can use the money in this account to buy a variety of lifestyle and wellness products and services. Tap “Delete account. Ideally, this bank account shouldn’t. Spending Accounts. But off the top of my head, at my employer: exercise equipment, medication, band-aids, camping equipment, toiletries, entry fees for athletic events, travel related to athletic events. Benefit 2. In our healthcare system, the emphasis is on treating illness rather than. On this page, you will see all the icons, skins, and emotes you have purchased or unlocked through the Hextech crafting method. Purchase Outside of League: These products are hosted on a website outside of League and link to a checkout outside of League. What you need to know. Set up direct deposit. Add your banking information to your League account so we can reimburse you for Lifestyle Spending Account (LSA) and Health Spending Account (HSA) claims. Wellness programs increase. On Web: 1. And you’re done!Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). A dependent must meet the following criteria: A resident of Canada (this residence requirement does not apply if the person is the child or grandchild of the individual or of the individual’s spouse or common-law partner) Note: If you want to add a common-law partner as a dependent to your League Health Spending Account (HSA), you need to. What is a Lifestyle Spending Account (LSA)? Submitting spending account claims to League; View All (20+) Spending Account Reimbursements Opens in new window. Once approved, you should receive payment within 2-3 days. We can reimburse you through direct deposit. Vendor account name: The name of this account on Mirakl (Ex. There are two ways you can receive payment for your League Spending Account claim: INTERAC e. If you haven't registered for GroupNet yet, see Create a Canada Life GroupNet account . What is spending account usage? Spending account usage is reported when a charge is approved for a claim or Lifemarket purchase made with a spending account. Lifestyle Spending Account (LSA) 3. Personalized. You can view your policy by following the steps below. I was wondering what "lifestyle spending account" means. As per Canada Revenue Agency (CRA) regulations, funds in your HSA can only cover the amount paid for an eligible medical expense. Contributions generally range from $500 to $2000 covering a huge range of health and wellbeing activities. 1. Once your claim has been approved and the payment has been issued, you can find your e-Transfer passcode by following these steps. 6. We are the last payor. Direct Deposit. You won’t find variation from employer to employer. Tap on the claim you want to edit. The spending account deposit is $83. S. I submit a claim, I get full money up to the account limit deposited. ; If your League benefits include coverage under a Canada Life Group Insurance policy, you must register with Canada Life's GroupNet portal in order to submit claims for your Canada Life benefits. Select “Banking Info”. If you want to add a common-law partner as a dependent to your League Health Spending Account (HSA), you need to meet the Canadian Revenue Agency (CRA) definition of "common-law". Note: This is only for League Lifestyle Spending Account (LSA) and Health Spending Account (HSA) claims payments. 8. Your spending account balance works if you have “past” or “pending” spending accounts. You'll either be taxed by your employer on your paycheque, or you'll receive a T4A Form for Canada Revenue Agency (CRA. If you’re new to participating in an LSA, you may have questions about LSA definitions and rules. Click on the benefit you want to view coverage for. Navigate through the enrollment experience and select your benefits until you get to the “Wellness Accounts” section. You can also choose a combination of Payment. Articles Submitting spending account claims to League 3920 Views •. You can use the money in this account to buy a variety of lifestyle and wellness products and services. You'll either be taxed by your employer on your paycheque, or you'll receive a T4A Form for Canada Revenue Agency (CRA. Find quick answers to your questions about using League and understanding your benefits. 2. Adding dependents during enrollment The League platform guides members through the step-by-step process of adding dependents. If your data in your League account doesn’t match the data in Apple Health or Google Fit Make sure Apple Health or Google Fit is still connected to the League app, under “Apps & Devices”. Send your payment for processing. What is a Lifestyle Spending Account (LSA)? Submitting spending account claims to League. How They Work Edit Claims View all articles below, or choose a subcategory above to filter by. You won’t be eligible to contribute to an HSA unless you have a high-deductible. Lifestyle spending account. Submitting a claim to your Lifestyle Spending Account (LSA) is easy. Unlike cash or gift cards, employers only pay for what employees use. The funds are set up by the employer and the. Tap “Yes, delete my account”. S. There are a variety of reasons for why your League Lifestyle Spending Account (LSA) or Health Spending Account (HSA) claim could have been partially paid. Examples of Eligible Expenses Lifestyle Spending Accounts Promote healthy habits and overall well-being by creating your fully customizable. To submit a claim, go to your League Wallet and pick a spending account, then click “Submit Claim”. Here is the process: 1. Members with a League spending account, like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). After a claim is approved we: Take the amount of money you requested from your Health Spending Account (HSA) or Lifestyle Spending Account (LSA) Send your payment for processing. 5. Nondiscrimination detect. , emotional, music, audiobook, financial) Kitchen AppliancesAnyone with a spending account administered by League like a Lifestyle Spending Account (LSA). League Credit. The American Benefits Group Lifestyle Spending Account gives employers the flexibility to allow employees to spend benefit dollars on the things that matter most to them. 2. View instructions for: Mobile. Navigate through the enrollment experience and select your benefits until you get to the “Wellness Accounts” section. Click "Edit Claim" if you want to add or change the details provided. e. S. When you're ready to get started with lifestyle spending accounts, there are a few items to put on your to-do list. “Out of Marketplace Expenditure” has the meaning set out in Section 7. Note: This is only for League Lifestyle Spending Account (LSA) claims payments. Find quick answers to your questions about using League and understanding your benefits. in 2020 (most recent available data) was 13. A few common reasons for a partial reimbursement are: Some of the products or services being claimed are not eligible for coverage. You check the Top 10 Shops & Purchase. Find quick answers to your questions about using League and understanding your benefits. com . You can use the money in this account to buy a variety of lifestyle and. Given today’s labor market, employers are focusing on attraction and retention strategies – and one of the hottest topics in these discussions is the lifestyle spending account (LSA). Lifestyle spending accounts and employee wellness programs are trending, and it’s no surprise that’s happening at the same time! Though LSAs don’t have to be health-specific, they can be a part of an effective employee wellness program, which have shown returns on investment as high as 6-to-1. The most common spending account offered by League is the Lifestyle Spending Account (LSA), but there are other types and your employer decides which ones to offer you. Click "Edit Details". 2. 2. Web . Any amount that employees forfeit will not be taxed. Employee health and safety risks challenged leaders to maximize employee vaccination rates. If your employer:One place to evaluate the support of a vendor is on G2. First Name: U. You can then submit the remaining balance against a spending account for reimbursement. League accepts claims made to your Lifestyle Spending Account (LSA) for second-hand purchases. 1(b) “Subscription Fees” means both. Credit card. League typically processes spending account claims within 24 hours. You’ll receive your reimbursement 2-3 business days from the date the claim was moved to the “Paid” status. On Mobile: 1. ; Checking for. members. LSAs may cover expenditures like fitness. For example, by encouraging people to stay fit and keep their weight at a reasonable level, they can prevent heart disease and manage diabetes. You'll be presented with a list of eligible services. 3035 F: 877. For an employee’s League Lifestyle Spending Account (LSA) or Health Spending Account (HSA), you can find a list of eligible dependents here. The most common spending account offered by League is the Lifestyle Spending Account (LSA), but there are other types and your employer decides which ones to offer. Easy to manage. Among our direct clients, we saw a 77% increase in clients offering an LSA in early 2022 year-over-year. If it’s not connected, tap “Connect” beside Apple. Lifestyle spending accounts have been around for years, but have gained traction in recent weeks as a result of COVID-19’s impact on business. The CRA doesn’t oversee Lifestyle Spending Accounts (LSA), which can be spent on a wider variety of products and services and are taxable benefits. Your employer will deposit money in your LSA for you to use to pay for eligible products and services that support your lifestyle and wellness goals. Money you spend from this account isn’t taxed (except in Quebec)Reach out to League customer care at [email protected] Support Website for U. Lifestyle spending accounts decrease the administrative burden placed on HR teams to manually administer perk programs and employers can rest easy knowing their program will always be IRS compliant. What this means is that you are not alone in your spending habits. The name of. Eligible expenses for Lifestyle Spending Accounts can include anything related to promoting employees’. To process your spending account claims, the submission should include the: Vendor name. A lifestyle spending account, also known as a lifestyle account, perk allowance, or specialty benefit, is an employer-funded account designed to support employees’ physical, mental, and financial wellness. League Support Website. A lifestyle spending (LSA) account is an employer-funded, post-tax spending account, with eligible expenses and plan details customized by the employer, that promotes healthy habits and overall well-being. If the vendor does offer refunds, you’ll receive an automated email when the vendor processes your refund, and can expect to receive the funds in 2-7 business. A Lifestyle Spending Account (LSA) is a flexible account that helps you live your healthiest life. ago. Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). 2. Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA). For full information, please refer to your full coverage booklet for your group benefits with your insurance carrier (such as RBC, Canada Life, Manulife Insurance, etc. This includes items like gym & studio memberships, fitness trackers, and athletic gear. This includes skins, special bundles, and event-locked content. If you couldn't deposit your e-Transfer before its 30 day expiration, or if you typed the passcode incorrectly too many times, please contact the Customer Care team through Chat or email us at help@league. Click here to jump to your Wallet and check out what's included in your policy! Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). 3 for the employee on your invoice ( [$500 / 12] x 2). “LSA Subscription Fee” means the amount specified adjacent to the heading “LSA Subscription Fee”, under the heading “Lifestyle & Health Spending Account” in the Order Form. Lifestyle spending accounts have become much more popular among employees as well. A Lifestyle Spending Account (LSA) is a flexible account that helps you live your healthiest life. These are separate pools of money and aren't interchangeable. Take the amount of money you requested from your Lifestyle Spending Account (LSA) Send your payment for processing. For an employee’s League Lifestyle Spending Account (LSA) or Health Spending Account (HSA), you can find a list of eligible dependents here. C. 9% tax on that amount, you will owe $139. Through your League Wallet: 1. What you need to know. The Canada Revenue Agency (CRA) regulates what expenses are covered. Your dependents can use the money too!Do my League Health Spending Account (HSA) funds rollover into my next policy period? 3760 Views • 31-Mar-2021 • Knowledge Tax implications of Lifestyle Spending Accounts (LSAs)The difference between League Credit and a Lifestyle Spending Account (LSA) A LSA is a flexible account provided by your employer that you can spend on a variety of items and services, while League Credit is provided by League and you can only spend it in Lifemarket. See how Lori uses her LSA to support her lifestyle Lori's employer has designated personal training as an eligible expense. I submit a claim, I get full money up to the account limit deposited. These can include purchases made on Kijiji, eBay, and Facebook Marketplace. Using League Spending Accounts Submit Claims Reward Points And League Credit Make Purchases Rewards. You can also choose a combination of Payment Methods. View All (10). There’s really no limit to the types of things LSAs can fund, but that endless range of. You can then submit the remaining balance against a spending account for reimbursement. Policy Period: February 1, 2021 - Mid-Policy Benefits Administration activation Enrollment Period: April 21 - 30, 20213 A Short Guide to League Spending Accounts What types of Spending Accounts does League offer? Benefits have never been easier. com. You can use the money in this account to buy a variety of lifestyle and. Find quick answers to your questions about using League and understanding your benefits. e. Tip: Learn more about splitting payments on Lifemarket. You can: Buy products and services to power your healthy lifestyle using League Credit, spending accounts, or your credit card. League Support Website for U. Eastern Time. The part-time helper is owed$420 at April 30, 2014, for unpaid wages. You can choose your Lifestyle Spending Account (LSA), League Credit, or credit card as Payment Methods when you checkout. As employers have control over their lifestyle spending accounts, the budgets involved and what they choose to cover will vary hugely. Develop program goals and align the goals to your budget. A lifestyle account may include expenses like these, depending on your employer's plan design. 2. S. Your dependents can use the money too!This Lifestyle & Health Spending Account (Canada) Service Schedule was last updated on November 23, 2017. This includes items like gym & studio memberships, fitness trackers, and athletic gear. Tap on the claim you want to edit. 3. - Physical and occupational. Curious about who actually qualifies as a dependent under the League Lifestyle Spending Account (LSA) or Health Spending Account (HSA)? A dependent must meet the following criteria: Your spouse or common-law partner Spending Accounts: The best kept secret in employee benefits - Download as a PDF or view online for free Anyone with a spending account administered by League like a Lifestyle Spending Account (LSA) or Health Spending Account (HSA). You can then submit a claim to League and specify the amount of money you want to use. On Mobile: 1. Further education isn’t restricted. ASIFlex Customer Service ASIFlex. , elliptical, bike, treadmill, rower) App Membership (i. Find quick answers to your questions about using League and understanding your benefits. You can also find more real-time information in the portal’s “Insights” section. Move your claim into a “Paid” status. Filling out a LSA Reimbursement Form and faxing it to HealthEquity|WageWorks at 1-877-353-9236 or mail it to Claims Administrator, P. League Support Website. You can also choose a combination of Payment Methods. Tip: Learn more about splitting payments on Lifemarket. Our vendors and products are best-in-class—handpicked for quality, uniqueness and health impact. These accounts don’t have an official name, so you may know them as life accounts, lifestyle. Coverage for Lifestyle Spending. Take a minute to make sure this is the claim you would like to cancel, and then click "Cancel Claim". We also have an article that walks you through this process step-by-step. Next pay check, I see it taxed (usually at 39%) and it’s included on my T4 both as income and tax, box 40 I think. Great job! We’ll now reimburse money directly into your bank account. Here you'll see the option to "Submit a Claim to Sun Life". You can cancel a pending claim as long as the claim is not in a "Paid" status. Find quick answers to your questions about using League and understanding your benefits. League Support Website. Example: If you allocated $2,000 in LSA funds, but only used $1,000 and are taxed at a 30% marginal income tax rate, then you will owe approximately $300 in taxes. This could include spending accounts (like a Lifestyle Spending Account), health benefits (like Medical, Drug, and Dental benefits), and other. Founded in 2014, League is a technology-focused health company powering the digital transformation of healthcare. members. Digital Wallet: Easily check out your coverage, health spending accounts and submit claims with just a tap, right from your phone. You’ll receive your reimbursement 2-3 business days from the date the claim was moved to the “Paid” status. Find quick answers to your questions about using League and understanding your benefits. The CRA doesn’t oversee Lifestyle Spending Accounts (LSA), which can be spent on a wider variety of products and services and are taxable benefits. $1 in LSA saved $6 in healthcare costs. League typically processes spending account claims within 24 hours. On your invoice, this charge is billed as "Spending Account - Usage" for the previous month of service. Any amount that employees forfeit will not be taxed. Getting Started Accessing Desjardins online. Coverage for Lifestyle Spending Accounts (LSA) and Health Spending Accounts (HSA) varies based on the policy your employer has chosen. I’ll share two of my favorite benefits and perks: quarterly wellness days and a lifestyle spending account. Tip: Learn about this payment method. Rewards And Lifemarket Make Purchases Using Spending Accounts Submit Claims. If your insurance carrier accepts digital beneficiaries, then you can add beneficiary information right in your League account without ever filling out a form. for with your account. LSA programs are a popular perk, with a Mercer Insights Survey finding that 70% of companies are considering adding an LSA to their benefits package. If funds were transferred from an HSA to an LSA (which can be spent on things other than eligible medical expenses), the HSA would no longer meet the requirements of a private health services plan.