Lifestyle spending accounts: How they can help employees in times of need
Lifestyle spending accounts go beyond supporting employees' wellness or fitness goals.
By Jaclyn Cooksey|May 19, 2020 at 10:26 AM
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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. These accounts provide a way for employers to assist employees with unexpected expenses during an emergency or change in their routines.
In this Q&A-style post, we’ll give you a baseline overview of these accounts, how they work, how employees use them, and why they can be a helpful resource to employees in times of need.
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