MyChoice Accounts by Businessolver vs Forma

Compare and evaluate MyChoice Accounts by Businessolver vs Forma based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

MyChoice Accounts by Businessolver offers Health Care Flexible Spending Account (FSA), Health Savings Account (HSA), Health Reimbursement Arrangement (HRA) to companies with 950,000 employees. Forma offers Lifestyle Spending Account, Health Savings Account (HSA), Health Care Flexible Spending Account (FSA) to companies with 1,000,000 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

Product Description

MyChoice Accounts by Businessolver

At Businessolver, we know that a Flexible Spending Account (FSA) shouldn’t just be flexible in name. We built our MyChoice... Show More

Forma

Putting flexibility back into FSAs
Take advantage of IRS-approved pre-tax spending without the headaches, support needs, and legacy software.... Show More

Min. Group Size

MyChoice Accounts by Businessolver

1,000 eligible

Forma

250 eligible

Lives Serviced

MyChoice Accounts by Businessolver

-

Forma

-

Product Specific Features

MyChoice Accounts by Businessolver

-

Forma

-

Features

MyChoice Accounts by Businessolver

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

✓

SSAE 18 / SOC Audit(s) Performed

✓

3rd Party Integrations

Forma

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

✓

SSAE 18 / SOC Audit(s) Performed

✓

3rd Party Integrations

Official Resources

MyChoice Accounts by Businessolver

Forma

Media

MyChoice Accounts by Businessolver

Forma

About

MyChoice Accounts by Businessolver

MyChoice Accounts is an intelligent, bank-like administration platform for HSAs, FSAs, HRAs, LSAs, commuter, and other tax-advantaged benefits that empowers... Show More

Forma

Forma is the leading platform for LSAs and flexible benefits, enabling employers to deliver personalized benefits for employees, increase administrative... Show More

Founded

MyChoice Accounts by Businessolver

2012

Forma

2016

Location

MyChoice Accounts by Businessolver

West Des Moines, IA

Forma

Fremont, CA

Employees

MyChoice Accounts by Businessolver

3,100

Forma

180

Funding Summary

MyChoice Accounts by Businessolver

Not Provided

Forma

40M Series B

Website

Reviews

MyChoice Accounts by Businessolver

0.0 (0)

Forma

5.0 (3)

Star Featured Review

Whitney Ayers

August 12, 2025
When Garver launched its Lifestyle Spending Account (LSA), we knew we wanted a partner who believed in our goals and... More
Star Featured Review

Eric Coutryer II

May 1, 2025
Forma has been awesome! It’s been an amazing experience to provide wellness purchasing power to our employees

×
?

Need Help Choosing?

Our specialists can help prioritize the criteria that matters most and narrow the field.
Setup a Free Consult

×