Health & Wellness Spending Accounts
Empower Your Employees with a Tax-efficient,
Flexible Benefit Plan
Health Spending Accounts
Whether you're looking to offer stand-alone coverage or complement an existing benefits plan, HSAs are fully tax-deductible for employers and tax-free for employees. Take the first step toward empowering your team with personalized, impactful benefits.
Why Choose a Health Spending Account?
Flexibility: Employees decide how to use their benefits.Cost Savings: Fully tax-deductible for employers and tax-free for employees.
Simple Setup: Manage everything through an easy-to-use portal.
Wellness Spending Accounts
Wellness Spending Accounts (WSAs) sometimes known as Lifestyle Spending Accounts (LSAs) are a flexible, tax-efficient way to support your employees' holistic well-being beyond traditional healthcare expenses. These accounts can be used for a wide range of wellness-related expenses, such as gym memberships, mental health services, fitness classes, and personal development programs, allowing employees to focus on what matters most to their overall health.
Unlike Health Spending Accounts, WSAs are taxable benefits for employees but remain a fully deductible expense for employers, offering a cost-effective way to promote a healthy and productive workforce. Wellness Accounts are ideal for businesses looking to create a comprehensive approach to employee satisfaction and engagement.
Why Choose a Wellness Spending Account?
Broader Coverage: Employees can use WSAs for non-medical wellness expenses, such as fitness memberships, personal development, and mental health services.Flexible and Customizable: Employers can define eligible expenses to align with company values and employee needs.
Tax Efficiency: While taxable for employees, WSAs are fully tax-deductible for employers, making them a cost-effective way to invest in employee well-being.
Learn More About HSAs/WSAs:
Enhancing Employee Well-Being
The Difference Between Health Spending and Wellness Accounts