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July 2023 Advisor Newsletter

Introducing myASO — the plan option many advisors haven't heard of — plus an upcoming interactive webinar series on HSA basics and positioning.

myHSA
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We have a secret...

We have a plan option that many advisors haven't even heard about and if they have, chances are they're not aware of all the innovative ways it can be used. We call it myASO, although it used to go by the name myDefined… which some argue might be an even better fit.

Click here to keep reading Important Notices for July

Upcoming Webinar Series — An interactive webinar series with our Support team is in the works to go over the basics of HSAs, how best to position them and more. Keep an eye out for more information, coming soon.

Multi-Factor Authentication is on the way

Stay tuned to our social media channels and this newsletter for updates on Multi-Factor Authentication on the Advisor login.

Beat the Renewal Rush — Meet with your clients ahead of time to schedule changes that are to happen at renewal. Most plan changes can be scheduled early, so they happen automatically at renewal! To learn how to schedule changes ahead of time, please reach out to us at

support@getmyhsa.com.

The Advantages of myFlexplan — If our different plans were our kids, we would have a favorite:

myFlexplan

(don’t tell the others)!

We love the predictable and steadfast HSA (Health Spending Account) with its clear guidelines on eligible items from the CRA. We ALSO love the creativity and flexibility that comes with a WSA (Wellness Spending Account). What could be better than combining them together into myFlexplan

?

Click here to keep reading

5 Ways a Wellness Spending Account Can Help with DEI Initiatives

Diversity, Equity and Inclusion (DEI) initiatives are more important than ever for businesses of all sizes. A Wellness Spending Account (WSA) is one of the best ways to contribute to DEI initiatives, as well as one of the simplest to implement.

Click here to keep reading Clearing up the 10% rule

We want to talk about the 10% rule and why it is confusing and made things worse - not better. A few years ago, CRA made an update to HSAs and what can be claimed. The update said:

Click here to keep reading

Let's get Social!

We don't like to spam your email inbox, which is why we only send one Newsletter to our Advisors each month! BUT - if you want even more tips, information, news, and more you should follow us on our social media!

Make sure to hit that "Follow" button for each platform you want to follow us on!

Follow us on LinkedIn Follow us on Facebook Follow us on Twitter

Follow us on Instagram To share with your clients

Exclusively for our valued Advisor network. Look here in each newsletter for featured content from myHSA and our other trusted sources that you can send to your clients who may not quite "get" HSA's, WSA's or flex plans just yet.

We even have a new " Employer Resources

" section where we will be publishing new content to help educate businesses on the benefits of different plans. myHSA Plan Comparison

What is a Health Spending Account?

What can I claim with a Health Spending account?

What is a Flexible Spending Account?

Balances Explained HSA's for Sole Employees

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Blog Highlights

Other Insights

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

Autumn leaves on a tree
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
Updated on:
Woman running by the ocean
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
Updated on:
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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