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August 2022 Advisor Newsletter

Can a sole shareholder-employee have an HSA? Yes — here's the explanation, plus an update on myHSA's international expansion initiative.

myHSA
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Health Spending Accounts for a Sole Employee?

We recently received the question "are PHSP's/HSA's suitable for a sole employee, who is also a shareholder?" An advisor sent us this question after reading this tax update that was sent to them by a client’s accountant.

Click here to read more

We're Going International!

We'll be testing out this concept, and we may have come across a bigger opportunity than we knew existed. Insurers don’t offer anything like it, nor do any HRIS systems or tech platforms, hence why we keep getting asked to do it.

Click here to read more The business nobody wants to be in

I say this tongue in cheek, but I realized this morning that it is kinda true. We have been debating as we grow on our mission statement and focus as we move forward on what we want to focus on. Many companies, us included, sometimes get enamoured with other potential products or areas to get into with the vast employee benefits space.

Click here to read more To share with your clients myHSA Plan Comparison

People Powered Platform — Lifestyle Spending Accounts: your top questions answered

How employers can support employees' financial, mental well-being during high inflation

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Blog Highlights

Other Insights

Expert insights on flexible benefits, employee retention, and CRA-compliant plans in Canada.

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Insights

September 2026 Advisor Newsletter

In this Issue: A year-end HSA checklist for clients & an advisor spotlight

Aly Edwards
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Research

Why an HSA is the Best Small Business Benefits Package in Canada

Discover why Canadian small businesses are switching to Health Spending Accounts: 100% tax-deductible, flexible, and easier to manage than group insurance.

Aly Edwards
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News

What is Multi-Factor Authentication, and Why is myHSA Using It?

What Multi-Factor Authentication (MFA) is, why myHSA added it for Plan Administrators, and how to log in with your authenticator app.

Aly Edwards
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Insights

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. Read more to learn why.

Aly Edwards
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Woman in glasses types on a laptop at a wooden desk in a cozy home office with shelves, plants, and a brick wall.
Insights

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
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Research

The 2025 myHSA Year-End Trend Report: A Closer Look into the World of Spending Accounts

2025 myHSA Trends Report cover on cream background with teal and black text; subtitle reads a closer look into the world of spending accounts.

Hailey Dirk
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