Last Updated 8/7/2024
Sift's Lifestyle program is designed to provide support for a variety of eligible activities. Instead of implementing benefits that you may or may not use, this Lifestyle wallet is meant to provide you with flexible options that are most relevant to you. This document outlines the program policy in its entirety below.
<aside> 💥 Still have questions after reading? Email [email protected] or live-chat the support team directly within your Forma account.
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Who is Eligible? Program Administration Benefit Amount How the Program Works? Reimbursement Claims Claim Submission Schedule Reimbursement Plans Expected Claims Payment Eligibility Ineligible Expenses Tax Treatment Termination Policy
All full-time employees located in the United States, Ireland, and the United Kingdom are eligible to participate in the program. You must be employed by Sift when eligible expenses are incurred (paid for). Dependents and spouses are eligible for this benefit as well.
Forma is the administrator for the Wellbeing program. For general FAQs, please refer to the help center. You can reach Forma’s Member Experience Team by emailing [email protected] or through the live chat feature directly in your Forma account.
All eligible employees will receive a monthly amount listed below on eligible lifestyle expenses on the 1st of each month. Any unused amount can be accrued up to the maximum balance stated. Any remaining balance expires at the end of the calendar year.
$200 (or €170 for Ireland-based employees) will be deposited into your Forma Account on the 1st of each month. You may spend the allowance through any of the following ways:
Forma Store includes vendors that are automatically considered eligible under this program policy. You do not need to submit a request for reimbursement when you purchase products through Forma Store. These items are already approved under your program policy.
For a single-time purchase that exceeds your Forma balance at any given time, you may pay the difference out of pocket via the Forma portal and submit a receipt for reimbursement as described below.