Life Planning Accounts (LPAs): A Flexible Approach to Improve the Employee Experience
Date & Time
Monday, June 12, 2023, 4:30 PM - 4:55 PM
Session Format
Express Learning
Target Attendee Experience Level
Intermediate: Hands-on and Practical Application

Over the last several years, employers have gotten creative with their flexible benefits to attract and retain top talent. Like other employer-sponsored spending accounts (e.g., HSAs, FSAs, HRAs, etc.), life planning accounts (LPAs) give employees a subsidy to spend on designated wellness services. These customizable accounts offer ways for Total Rewards professionals to increase employee engagement, create competitive differentiation and promote overall well-being—without incurring significant cost. Join this session to understand how LPAs can benefit your organization.

Learning Objectives
· Understand what an LPA is all about
· See how employers can use LPAs to address the four dimensions of employee well-being: physical, financial, emotional and social
· Learn best practices and strategies to set up and administer a successful LPA program