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September 2022 Advisor Newsletter

Overcoming overthinking in leadership and business, plus a preview of Dialogue Virtual Healthcare for small groups coming soon to the myHSA platform.

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Overcoming Overthinking — Back to school has brought up a lot of emotions in my household; my young daughter was anxious about her new class and learning to read this year. She told me how she read aloud in class and was ‘so happy she didn’t fail’. My heart sank, I knew we needed to work on her mindset moving forward.

Click here to read more

Coming Soon...

Dialogue Virtual Healthcare for small groups

Keep an eye on our social media for more details coming soon

In case you missed it:

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 This week in chat Question:

Is it possible to grant certain employees an increase on their HSA as part of an incentive program?

Answer: — In short, no. This would be considered to be giving a tax free bonus in the eyes of the CRA.

Visit our support team in our live chat using our app or our website if you have a burning question you would like answered!

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Blog Highlights

Other Insights

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

Research

myHSA opens up Dialogue for small groups

myHSA's new partnership with Dialogue brings virtual healthcare to small groups through the advisor channel — a model that's strategically aligned and mutually beneficial.

Steve McEwan
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Insights

What can you claim with a Health Spending Account?

Eligible HSA expenses are defined by the CRA and include a wide range of health, dental, and vision items — here's a plain-language breakdown of what's covered.

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Insights

The Advantages of myFlexplan

myFlexplan combines the tax benefits of an HSA with the flexibility of a WSA, giving employees the power to choose benefits that fit their personal needs.

myHSA
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Insights

Using Health Spending Accounts for Specialized Education

HSAs can help cover the costs of specialized schooling, tutoring, and education for employees or dependents who are disabled or differently-abled.

myHSA
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Insights

5 Reasons Why Your Business Should Offer a WSA

Wellness Spending Accounts (WSAs), sometimes called Lifestyle Spending Accounts, Personal Spending Accounts, and countless others, are a top employee attraction and retention tool for businesses of...

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Insights

5 Ways a WSA 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...

myHSA
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