Lifestyle Spending Account
To help support you as you explore, develop and thrive in your interests, Forvis Mazars is pleased to continue our Lifestyle Spending Account (LSA). This benefit will reimburse up to $1,000 annually ($250 per quarter) for eligible expenses in the following categories: Emotional, Physical, Financial, Tech, Convenience and Family Support. This means you can be reimbursed for the money you spend on items and services that help improve your overall wellbeing. Reimbursed funds are considered taxable wages but are not eligible 401(k) earnings.
This program is available to all benefit eligible Full-time and Part-time staff who work at least 20 hours per week (1,000 hours per year). You do not have to be enrolled in benefits in order to receive the reimbursements. This program is not available to Talent Shift, Interns, Seasonal employees, Managing Directors, Principals and Partners.
- Newly hired employees will receive their first deposit for the quarter immediately following their date of hire. (Example:Â Hire Date of January 15 would receive first credit deposit on April 1). Claims cannot be dated prior to their first quarter contributions.
Taxation of Lifestyle Account claims paid January 2027 – October 2027 will appear on your 2027 W-2.
Taxation of Lifestyle Account claims paid November 2027 – December 2027 will appear on your 2028 W-2.
You may submit claims with Benepass up to 14 days after your termination date for expenses incurred on or prior to your termination date.
- Upon your first login, you will have access to a virtual Benepass card. If you prefer, you may request a physical card through the Benepass portal.
- Use your Benepass card to pay eligible expenses directly at participating merchants. Your LSA debit card will not work at certain big box retailers such as Target, Walmart or Amazon on-line.
- You may use your Benepass card or submit reimbursement claims at any time during the year, up to your available account balance.
- Transactions that exceed your available balance may be declined.
- If you choose to pay out of pocket, you can submit a claim through Benepass and receive reimbursement by direct deposit. See the Direct Deposit Setup Guide under Key Resources for setup instructions.
- You will only receive one Benepass card regardless of whether you participate in the LSA, FSA, and/or QTE. If you have multiple Benepass accounts (LSA, FSA, QTE), periodically review your account activity to ensure expenses are applied correctly. If you notice a discrepancy, please contact Benepass at getbenepass.com or by clicking the ‘Contact Support’ button directly within your account.
- Quarterly LSA deposits of $250 are made at the beginning of January, April, July, and October.
- LSA funds are considered taxable income and will be reported on your W-2.
- The expense must be incurred during the current plan calendar year.
- Expenses incurred prior to your first contribution or after your termination date will not be reimbursed.
- Reimbursement funds must be used in the current plan year as they will not roll over to the next plan year.
- Upon termination, you have 14 calendar days to file a claim with Benepass for available LSA funds. These expenses must have incurred on or prior to your termination date.
- Any funds remaining after 14 calendar days after the termination date will be forfeited.
Ineligible expenses include, but are not limited to:
- Charges paid under another pre-tax benefit (doctor visits paid under insurance and/or HSA/FSA card for example)
- Alcohol
- Legal or illegal drugs or drug paraphernalia
- Weapons of any kind (guns, including bullets, knives, etc.)
- Sports betting or other gambling or apps
- Restaurants
- Tobacco products
- Any other expenses that Forvis Mazars firm leadership determines are inconsistent with their core values, policies or overall intent of advancing the wellbeing of all eligible Forvis Mazars employees.
