Life Planning Accounts – add a new solution to your benefits mix

PTO Exchange is proud to offer a flexible LPA solution where employers can determine the eligibility, reimbursement amount, and covered services.

Learn More About LPAs

What is an LPA?

LPAs are a means for companies to help support health and wellness activities in their lives. But LPAs differ from other spending accounts (HSAs, FSAs, etc.) in two key ways.

Unlike funds contributed to an HSA, employers pay for only the amounts employees actually spend, which can make a big difference at the year-end budget review. An LPA also adds flexibility to benefits plans.

Learn More with our LPA Info Sheet

Questions? Download our LPA FAQs 


LPAs typically provide an annual reimbursement for covered products and services on a pre-tax or after-tax basis.


Employers decide how employees can spend their LPA funds, with acceptable product and service categories. Many employers see this ability to limit and direct employee spending of employer-provided money as a compelling reason to offer LPAs 


There is no additional administrative burden for the employer. Once the categories are determined, PTO Exchange will adjudicate the purchases made to ensure they fit within the approved pillar or we can provide pre-loaded debit cards for eligible expenses.

PTO Exchange can help create your LPA program and contribute paid time off towards their accounts 

Let your employees choose how to spend their LPA based on wellbeing category “pillars” of approved expenditures. All categories are completely customizable for your organization.

Fitness & Exercise

Fitness & Exercise

  • Gym memberships
  • Yoga classes
  • Athletic wear
  • Workout equipment
Retirement Planning

Retirement Planning

  • 401(k)
  • Roth 401(k)
  • Financial counseling
Student Loan & Education

Student Loan & Education

  • Loan payments
  • Tuition
  • College savings plans
Charitable Giving

Charitable Giving

  • Donations
  • 501(3)(c) entities
  • Other approved organizations
Emergency Fund

Emergency Fund

  • Hardship
  • Emergency cash
  • Approved eligible expenses
Health Expense

Health Expense

  • HSA
  • Nutritional counseling
  • Supplements
slalom 5stars

“At Slalom, we were seeing that a one-size-fits-all approach does not fit well with our diverse workforce and wanted to do something different to give employees more options,” said Will Cone, Director of Global Benefits & Mobility, Slalom Consulting. “Life Planning Accounts have provided us flexibility and the ability to support well-being activities globally. PTO Exchange made it easy to do so.”


Will Cone
New York

Ready to elevate health and financial wellness for your organization? 


The PTO Exchange platform allows your company to customize and launch your LPA program quickly and easily. Just select the amount of your reward, decide on the approved pillar categories, and set your policies. PTO Exchange will help with all of these steps and your rewards program can be completely outsourced for simplicity, security and speed.

LPA Exchange by PTO Exchange is the key to a healthier, happier, and more engaged workforce. If you're ready to transform your wellness benefits and offer employees the opportunity to fund their wellness goals using their accrued PTO, it's time to explore the possibilities.