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The Wiser Advisor Blog
Employee benefits & industry related stories, ideas, and feedback for advisors.
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Can Spouses who are Employees at the same company have their own myHSA accounts?
It is not uncommon for company owners to employ their spouse, however, when it comes to Health Spending Accounts (HSAs), navigating the...
myHSA
Jan 29, 20241 min read


How myFlexplan can help you achieve your goals
It’s that time of year again, when people take a look back at the previous year and identify some changes they might want to make for the...
myHSA
Jan 23, 20243 min read


What is the Element of Risk?
The CRA guidelines for HSA's indicate that an HSA must act like a plan of insurance, and like insurance, there must exist an "Element of...
myHSA
Jan 23, 20242 min read


January 2024 Advisor Newsletter
We get questions all the time regarding the rules of Health Spending Accounts, from companies with one shareholder-employee, around T4...
myHSA
Jan 18, 20242 min read


Mythbusters Edition
Disclaimer: these are interpretations by myHSA and do not constitute tax advice, an accountant should always be consulted "Companies with...
myHSA
Jan 18, 20243 min read


Different Types of Reports
Reports serve as a vital tool, providing essential insights for both advisors and plan administrators. They aid in comprehending plan...
myHSA
Jan 9, 20243 min read


Reporting Dental Benefits
Important info for companies offering dental coverage through myHSA! Attention to all employers providing dental benefits: When reporting...
myHSA
Jan 8, 20241 min read


December Advisor Newsletter
10 years of myHSA I find myself contemplating the type of individuals who would establish a business centered around Health Spending...
myHSA
Dec 19, 20232 min read


For Plans that Renew January 1, 2024
January 1 annual plan renewals will occur with the following balance adjustments: 1. Employees with Credit Carryover: - Unused 2023...
myHSA
Dec 19, 20231 min read


2024 Predictions
I do love trying to have fun at the end of the year to see what I think may change or be upcoming for the new year but like usual in the...
myHSA
Dec 15, 20232 min read


10 Years of myHSA
As we approach the conclusion of what seems to be one of the most successful years for myHSA in every aspect, I've taken the opportunity...
myHSA
Dec 15, 20232 min read


Health Spending Account vs. Wellness Spending Account
In the realm of employee benefits, two terms that can cause confusion are "Health Spending Account" (HSA) and "Wellness Spending Account"...
myHSA
Dec 11, 20232 min read


The Benefits of Promptly Submitting Health Spending Account Claims
In the realm of employee benefits, Health Spending Accounts (HSAs) have become indispensable tools for fostering individual well-being....
myHSA
Nov 28, 20232 min read


November Advisor Newsletter
Sage Advice We have been quiet about this, but now we are ready to stand on the rooftops and tell everyone - we upgraded our chat...
myHSA
Nov 22, 20233 min read


Sage Advice
We have been quiet about this, but now we are ready to stand on the rooftops and tell everyone - we upgraded our chat feature, and it's...
myHSA
Nov 22, 20232 min read


What do Tesla, Apple, Amazon, and myHSA have in common?
What do these companies have in common? Well - we, and many other companies you know, measure our customer loyalty using the NPS (Net...
myHSA
Nov 21, 20232 min read


Wellness Spending Accounts: Expectations vs Reality
In the realm of progressive employee benefits, Wellness Spending Accounts (WSAs) stand out as beacons of support for individual health...
myHSA
Nov 21, 20232 min read


The Ripple Effect: Why Health and Wellness in the Workplace Matters
In the fast-paced and competitive world of business, companies are increasingly recognizing the importance of fostering a healthy and...
myHSA
Nov 15, 20232 min read


How to Get Your Claims Reimbursed
Nothing is more annoying than jumping through hoops to get reimbursement after paying out-of-pocket for an expense. We at myHSA want our...
myHSA
Nov 7, 20232 min read


myHSA is now SOC 2 Type 2 Certified
Security has always been the highest priority for myHSA. We pursued and achieved SOC 2 Type 1 certification in 2021, but as we’ve grown,...
myHSA
Nov 1, 20231 min read
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