LSA frequently asked questions

If you want to understand more about the Lifestyle Spending Account (LSA), here are some of the most frequently asked questions:

What is a LSA?
Do I have to pay taxes on money deposited into my account?
How can I check my LSA balance?
How do I pay for LSA expenses?
What types of expenses are covered?
Can I use my LSA funds to cover medical expenses?
Will my LSA balance carryover to next year if I don’t spend it this year?

1This Health and Benefit debit card program is issued by Bank of America, N.A. Visa is a registered trademark of Visa International Service Association, and is used by the issuer pursuant to license from Visa U.S.A. Inc.