Lifestyle Reimbursement Account

Your Lam Research Lifestyle Account helps you fund a variety of life-enhancing opportunities for you and your family. All employees and their dependents are eligible for the Lifestyle Account. Each employee gets $500 a year.

Your Lifestyle Account is very simple to use.

• Mobile and Online Reimbursements – You can submit a payment request online or using your mobile app.
• Round-the-Clock Service – We are here for you any time you have a question, 24 hours a day, 365 days a year.

Eligible Expenses: Lifestyle Reimbursement Accounts

The goal of the Lam Lifestyle Account is to encourage a well-rounded, healthy lifestyle and to support your family’s needs. With that in mind, the company expects you to use good judgment about the expenses you submit for reimbursement. In general, items are reimbursable only in the year in which the items were purchased. Certain fitness equipment financing plans are reimbursable in the year in which the payment was made. For example, when Peloton bikes are purchased through an installment plan, payments are reimbursable in any year in which payments were made. This does not include credit card payments for purchases. Expenses paid for using rewards points or gift cards are not eligible for reimbursement through the Lam Lifestyle Account.

Some common items that are not eligible for reimbursement through the Lam Lifestyle Account include workout and nutrition supplements (e.g., vitamins, protein drinks, workout drinks, energy gels), footwear such as clogs, Crocs, slides, and work boots, massage services, massage chairs, and massage guns, tickets for trampoline parks, amusement parks, and zip lining, weapons (e.g., BB guns, crossbows), and smart devices like tablets, iPhones, and iPads.