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The Wiser Advisor Blog
Employee benefits & industry related stories, ideas, and feedback for advisors.
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Are Health and Fitness Apps Eligible Under an HSA in Canada?
Are health and fitness apps eligible under an HSA in Canada? The short answer? Generally, no. Most health and fitness apps, like Peloton, Calm, and MyFitnessPal, aren't eligible expenses under a Health Spending Account (HSA) in Canada. But there are exceptions worth knowing, and a better way to claim these expenses if your employer offers one. Why the CRA Says No (Most of the Time) A Health Spending Account is only non-taxable because it follows the Canada Revenue Agency's li
Aly Edwards
6 days ago2 min read


Why Choice is Becoming the Most Valuable Benefit You Can Offer
Why choice is becoming the most valuable benefit: myHSA's Danielle Constantine and Medcan's Sherri Look Yan on flexible benefits and preventative care.
Aly Edwards
Jul 282 min read


The 2025 myHSA Year-End Trend Report: A Closer Look into the World of Spending Accounts
With over 250,000 myHSA users across the country, we’re happy to share some of the ways spending accounts have continued to evolve since our 2023 report.
Hailey Dirk
Jul 212 min read


3 Proven Marketing Strategies Benefits Advisors Can Use to Grow Their Book of Business
The benefits advisory space is more competitive than ever. Employers have more options, employees have higher expectations, and the pressure on advisors to deliver real value, not just a renewal, has never been greater.
Aly Edwards
Jun 192 min read


June 2026 Advisor Newsletter
In this issue of our myHSA advisor newsletter we dive into survey results from a recent advisor survey.
Hailey Dirk
Jun 154 min read


Supporting Employees Through Menopause with Health and Wellness Spending Accounts
By intentionally aligning spending accounts, Canadian organizations can deliver comprehensive, flexible, and inclusive menopause support grounded in clinical credibility and enhanced by holistic wellbeing solutions.
Aly Edwards
May 12 min read


March 2026 Advisor Newsletter
In this issue of our myHSA advisor newsletter we dive into the questions our support team get.
Hailey Dirk
Mar 182 min read


The Best Way to Use Your HSA When Your Spouse Has Traditional Coverage
Wondering how to get the most from your employer-sponsored HSA when your spouse has traditional health coverage? Here's exactly how Canadian families can maximize their combined benefits.
Hailey Dirk
Feb 274 min read


February 2026 Advisor Newsletter
In this issue of our myHSA advisor newsletter: here's what you might have missed in December and January.
Hailey Dirk
Feb 192 min read


January 2026 Advisor Newsletter
In this issue of our myHSA advisor newsletter: hit the ground running in 2026.
Hailey Dirk
Jan 131 min read


Can You Cash Out Your HSA in Canada?
If you’ve ever wondered, “can I cash out my HSA in Canada?”, you’re not alone. This question comes up a lot, especially toward the end of the year when people realize they still have unused HSA or WSA funds.
Hailey Dirk
Dec 30, 20252 min read


December 2025 Advisor Newsletter
In this issue of our myHSA advisor newsletter: Your year-end checklist
Hailey Dirk
Dec 2, 20252 min read


November 2025 Advisor Newsletter
In this issue of our myHSA advisor newsletter: How a top advisor keeps his clients for life.
Hailey Dirk
Nov 4, 20253 min read


Buyer Beware: What's Not Eligible Under Your Canadian HSA (Yet)
Not everything marketed as HSA-eligible online meets Canadian guidelines.
Hailey Dirk
Oct 20, 20252 min read


October 2025 Advisor Newsletter
In this issue of our myHSA advisor newsletter: Meet the Advisor Support team.
Hailey Dirk
Oct 7, 20252 min read


September 2025 Advisor Newsletter
In this issue of our myHSA advisor newsletter: Are your clients’ employees eligible for the CDCP?
Hailey Dirk
Sep 22, 20252 min read


Thinking About Removing Dental from an HSA? Read This First
Are Employees with an HSA Eligible for the Canadian Dental Care Plan (CDCP)?
myHSA
Sep 8, 20253 min read


August 2025 myHSA Advisor Newsletter
In this Issue of Our myHSA Advisor Newsletter: How myHSA started, myHSA Academy, and our latest articles.
Hailey Dirk
Aug 12, 20251 min read


Health Spending Accounts vs Health Insurance: What’s the Difference in Canada?
Breaking down the differences between Health Spending Accounts and traditional health insurance in Canada—so you can choose the right fit for your team.
Hailey Dirk
Jul 31, 20253 min read


July 2025 myHSA Advisor Newsletter
What are you doing now to prep for the end-of-year rush?
It’s the perfect time to review your clients’ utilization and start brainstorming ways to engage employees for the rest of the year.
Hailey Dirk
Jul 15, 20252 min read
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