Can I use a Lifestyle Spending Account (LSA) for running shoes?

Are you wondering if you can use your Lifestyle Spending Account (LSA) to purchase a new pair of running shoes?

The answer is, it depends on your employer's specific LSA program and what expenses they consider eligible.

In this article, we'll explore what LSAs are, how they work, and whether or not you can use them to buy running shoes.

What are Lifestyle Spending Accounts (LSAs)?

LSAs are employer-funded accounts that provide employees with the flexibility to choose benefits that support their well-being. Unlike traditional benefits packages that offer a one-size-fits-all approach, LSAs allow employees to personalize their benefits to suit their unique needs and preferences.

Employers set aside a specific amount of money for each employee's LSA, which can be used to cover a wide range of eligible expenses. These expenses can include anything from fitness and wellness activities to family care and professional development.

Examples of LSA-eligible expenses

The specific expenses that are eligible for reimbursement through an LSA vary from one employer to another. However, some common examples of LSA-eligible expenses include:

• Gym memberships, fitness classes, and exercise equipment
• Mental health support and mindfulness apps
• Childcare, eldercare, and pet care services
• Financial planning and student loan reimbursement
• Professional development workshops and courses

So, can you use your LSA to purchase running shoes? It depends on your employer's specific program guidelines. Some employers may consider running shoes to be a fitness-related expense and therefore eligible for reimbursement through an LSA. Others may have more restrictive guidelines that exclude certain types of purchases, such as clothing or footwear.

To find out if your LSA covers the cost of running shoes, you'll need to review your employer's program guidelines or contact your HR department for clarification. They can provide you with a list of eligible expenses and any restrictions or limitations that apply to your specific LSA.

Are running shoes eligible for LSA reimbursement?

Running shoe eligibility for LSA reimbursement varies depending on your employer's specific program guidelines. Many LSAs explicitly include running shoes under fitness-related categories, recognizing their importance in maintaining an active and healthy lifestyle.

For example, Forma's LSA guidelines list "running shoes" as eligible under physical wellness accounts, while 3sHealth's LSA includes "athletic footwear (e.g., running shoes)" in eligible equipment. Dartmouth College's LSA allows "fitness sneakers" under outdoor sporting equipment, and Fidelity's LSA explicitly lists "sneakers" as eligible athletic equipment.

However, some employers may classify running shoes as general health items rather than medical necessities, potentially excluding them from coverage. It's important to review your specific LSA program's guidelines to determine if running shoes are an eligible expense.

Key differences between LSAs and HSAs/FSAs for running shoes

LSAs differ from Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) when it comes to covering running shoes. Unlike HSAs/FSAs, LSAs do not require a Letter of Medical Necessity for reimbursement. This means you can purchase running shoes without a prescription or medical justification.

HSAs/FSAs may cover running shoes only if prescribed for a specific medical condition, such as plantar fasciitis. In these cases, a healthcare provider must deem the running shoes medically necessary for treating or managing the condition.

LSAs, on the other hand, focus on lifestyle and wellness expenses. This makes approval easier if the expense aligns with employer-defined categories, such as fitness or physical well-being. As a result, running shoes are more likely to be eligible for reimbursement under an LSA than an HSA/FSA, unless there is a medical necessity.

Benefits of using an LSA for running shoes

1. Encourages physical activity and healthy habits

Reimbursing running shoes through an LSA incentivizes employees to prioritize their fitness and well-being. When employers cover the cost of running shoes, it sends a clear message that they value and support their employees' health and wellness goals.

Running is an excellent form of cardiovascular exercise that can improve overall health, reduce stress, and boost mental well-being. By making it easier for employees to access quality running shoes, LSAs can help remove barriers to physical activity and encourage the adoption of healthy habits.

2. Supports diverse fitness preferences

Everyone has different fitness preferences and needs when it comes to running shoes. Some may prefer cushioned shoes for long-distance runs, while others may opt for minimalist shoes for speed and agility. LSAs allow employees to choose the running shoes that best fit their individual needs and preferences.

This flexibility is particularly important for employees with specific foot conditions or biomechanical needs. By using LSA funds to purchase running shoes tailored to their unique requirements, employees can reduce the risk of injury and enhance their overall running experience.

3. Alleviates financial burden

Quality running shoes can be expensive, with prices ranging from $100 to $200 or more. For many employees, this cost can be a significant barrier to maintaining an active lifestyle. LSAs help alleviate this financial burden by providing funds specifically designated for wellness expenses like running shoes.

By offsetting the cost of running shoes, LSAs make them more accessible to employees across all income levels. This financial support can be especially meaningful for those who may not have the means to invest in high-quality running shoes on their own, ensuring that everyone has the opportunity to prioritize their health and well-being.

How to confirm running shoe eligibility for your LSA

To determine if running shoes are eligible for reimbursement under your LSA, follow these steps:

Check your employer's LSA documentation

Review your employer's LSA guidelines and look for terms like "athletic footwear," "fitness apparel," or "exercise equipment." These categories often include running shoes as eligible expenses. However, be aware of any exclusions, such as general clothing or accessories, which may not be covered.

Submit receipts with clear descriptions

When submitting receipts for reimbursement, provide detailed information about your running shoe purchase. For example, include a description like "running shoes for marathon training" to clearly demonstrate the fitness-related purpose of the expense. This can help avoid reimbursement delays and ensure a smooth approval process.

Consult with your HR or benefits team

If you're unsure about your LSA's specific guidelines or have questions about running shoe eligibility, reach out to your HR or benefits team for clarification. They can provide you with the most accurate and up-to-date information regarding your LSA's eligible expenses and any restrictions that may apply.

Employer trends in LSA eligibility for running shoes

A 2023 Mercer survey noted that 70% of companies are expanding LSA eligibility to include fitness gear like running shoes, driven by employee demand for holistic wellness benefits. Many employers recognize the importance of supporting their employees' active lifestyles and are adapting their LSA programs accordingly.

As a result, running shoes are becoming an increasingly common LSA-eligible expense. Employers understand that investing in their employees' physical well-being can lead to a healthier, more productive workforce and improved overall job satisfaction.

The bottom line: Running shoes and your LSA

In summary, running shoes are often eligible for reimbursement through an LSA, but it's important to verify your specific plan's rules. By reviewing your employer's LSA documentation, submitting clear expense descriptions, and consulting with your HR or benefits team, you can ensure that your running shoe purchases align with your company's guidelines.

For medical-grade footwear, such as orthopedic running shoes prescribed for a specific condition, HSAs/FSAs may be a better option. However, for general fitness and wellness purposes, LSAs offer a flexible and accessible way to offset the cost of running shoes and support your active lifestyle.

How to maximize your LSA for running shoes

To make the most of your LSA when purchasing running shoes, consider the following tips:

1. Research eligible brands and retailers: Familiarize yourself with the running shoe brands and retailers that align with your LSA's guidelines. Some LSAs may have partnerships or discounts with specific companies, allowing you to stretch your funds further.
2. Invest in quality: While it may be tempting to opt for the cheapest running shoes available, investing in a high-quality pair can provide better support, comfort, and durability. Use your LSA funds wisely by selecting running shoes that will last and prevent potential injuries.
3. Replace shoes regularly: Running shoes typically need to be replaced every 300-500 miles, depending on factors such as your running style, weight, and the terrain you run on. Keep track of your mileage and use your LSA to replace your shoes when needed, ensuring optimal performance and reducing the risk of overuse injuries.
4. Consider your specific needs: Running shoes come in various types, each designed for different foot types, running styles, and preferences. Take advantage of your LSA's flexibility to select running shoes that cater to your specific needs, whether you require extra cushioning, stability, or motion control.
5. Bundle with other eligible expenses: Maximize your LSA benefits by combining your running shoe purchase with other eligible wellness expenses, such as fitness trackers, running apparel, or race entry fees. This way, you can create a comprehensive running kit that supports your overall fitness journey.
6. Plan ahead for sales and promotions: Keep an eye out for sales and promotions offered by eligible retailers, and coordinate your LSA purchases accordingly. By timing your running shoe purchases strategically, you can potentially acquire multiple pairs or higher-end models within your LSA budget.
7. Communicate with your employer: If you have specific questions or concerns about using your LSA for running shoes, don't hesitate to reach out to your HR or benefits team. They can provide guidance and clarification to help you make the most of your LSA funds while adhering to your company's guidelines.

Choosing the right running shoes with your LSA

Selecting the perfect pair of running shoes can be overwhelming, especially with the numerous brands, models, and features available. Here are some factors to consider when using your LSA to purchase running shoes:

1. Foot type: Determine your foot type (neutral, flat, or high-arched) by observing your wet footprint or seeking a professional assessment. This information will help you choose running shoes that provide the appropriate level of support and stability for your unique foot structure.
2. Running style: Consider your running style, such as whether you tend to pronate (roll your foot inward) or supinate (roll your foot outward) when you run. Different running shoe models cater to these specific needs, offering features like medial posts or cushioned midsoles to promote proper alignment and reduce the risk of injury.
3. Cushioning preferences: Running shoes come with varying levels of cushioning, from minimalist designs to heavily cushioned models. Reflect on your personal preferences and running goals to determine the ideal amount of cushioning for your needs. Keep in mind that more cushioning may provide greater comfort but can also add weight to the shoe.
4. Running surface: Consider the types of surfaces you typically run on, such as pavement, trails, or the treadmill. Different running shoe models are designed for specific terrains, offering features like trail-specific outsoles, water-resistant materials, or extra cushioning for road running. Choose a shoe that matches your primary running environment.
5. Brand reputation and user reviews: Research reputable running shoe brands and read user reviews to gain insights into the quality, durability, and performance of different models. Look for brands with a strong track record of producing reliable running shoes and positive feedback from fellow runners.
6. Proper fit: Ensure that you select running shoes that fit properly, with ample room in the toe box, a snug fit around the midfoot, and no slippage in the heel. Visit a specialty running store or use online sizing guides to determine your ideal size and width. Remember that running shoe sizes may vary between brands, so always try them on or consult size charts before making a purchase.

By considering these factors and using your LSA funds wisely, you can invest in a pair of running shoes that will support your running goals, reduce the risk of injury, and provide a comfortable and enjoyable running experience.

Is using an LSA for running shoes worth it?

Using an LSA for running shoes can be a smart choice for your physical health and financial well-being. LSAs provide a convenient way to invest in your fitness without the added stress of out-of-pocket expenses. When you use your LSA funds to purchase running shoes, you're prioritizing your health and making a tangible investment in your overall well-being.

However, it's important to carefully review your employer's specific LSA guidelines to ensure that running shoes are an eligible expense. Some employers may have restrictions or limitations on the types of footwear that can be reimbursed through an LSA. Take the time to understand your company's policies and any documentation requirements to avoid any potential issues with reimbursement.

When deciding if using an LSA for running shoes is worth it, consider your individual fitness needs and goals. If you're an avid runner or planning to start a running routine, investing in a quality pair of running shoes can make a significant difference in your comfort, performance, and injury prevention. Running shoes are designed with specific features like cushioning, support, and stability to help you run more efficiently and reduce the risk of common running-related injuries.

If you have a medical condition that requires specialized footwear, such as orthopedic running shoes, it's worth exploring if your Health Savings Account (HSA) or Flexible Spending Account (FSA) can cover the expense. HSAs and FSAs are specifically designed for medical expenses and may offer more comprehensive coverage for prescription footwear. However, if your running shoes are primarily for fitness and general well-being, an LSA is likely the better choice.

Ultimately, the decision to use your LSA for running shoes depends on your personal circumstances, fitness goals, and the specific guidelines of your employer's LSA program. Take advantage of the opportunity to invest in your physical health and make the most of your LSA benefits. By choosing running shoes that align with your needs and preferences, you can enhance your running experience, support your overall well-being, and get the most value from your LSA funds.

Whether running shoes are eligible for reimbursement through your LSA depends on your employer’s specific guidelines. Forma simplifies this process by providing clear benefit management and flexible spending options, ensuring you can maximize your wellness benefits without the guesswork. Schedule a consultation with one of our experts today.