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.
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Health Spending Account
Wellness Spending Account
Insights
Wellness Spending Accounts for Personal Development
Your WSA can fund more than gym memberships — discover how to use it for personal development courses and other self-improvement expenses.
Important Information
Insights
Maximizing Your Healthcare with HSAs: Ozempic and Semaglutides
Health Spending Accounts (HSAs) offer a straightforward and flexible way to manage healthcare expenses, providing an ideal solution for those looking to use medications like Ozempic and other...
Newsletters
News
May 2024 Advisor Newsletter
How to carve out a niche in the financial services market, a complete walkthrough of the myHSA Advisor Platform, and the latest portal updates.
Advisor Education
Research
Crafting Your Unique Corner in the Market
A recent post by Dave Patriarche got me contemplating the significance of finding a niche within the financial services industry. It's a pursuit that's both daunting and rewarding, as I've personally...
Important Information
Insights
What is a Letter of Medical Necessity?
Navigating the ins and outs of health spending accounts (HSAs) can sometimes feel like wading through murky waters, especially when it comes to what's covered and what's not. The CRA decides what is...
Newsletters
News
April 2024 Advisor Newsletter
This month's advisor newsletter spotlights the most requested features and recent additions to the Advisor portal, shaped by your direct feedback.
Advisor Education
Research
Who Decides What is Eligible Under an HSA?
We are often asked why we have to adhere so closely to the list of eligible items, and why we are unable to stray from it. A common misconception is that we at myHSA decide what is eligible on an...
Advisor Education
Important Information
Research
Backdating Backup
Just like you can't buy insurance after a claim, you can't backdate an HSA to cover expenses you've already incurred — here's what backdating means and why it matters.
Newsletters
News
March 2024 Advisor Newsletter
A myth-busting look at backdating HSAs, clarification on common HSA misconceptions, and why you can't set up a spending account after the fact.
Advisor Education
Research
How to Help Employees Feel the Love
By combining an HSA and WSA through myFlexplan, employers can give employees the freedom to choose benefits that truly work for them — all year long.
Newsletters
News
February 2024 Advisor Newsletter
How myFlexplan helps employees feel valued all year long, Valentine's Day tips for showing co-worker appreciation, and the love languages of employee benefits.
Important Information
Advisor Education
Insights
What is the Element of Risk?
CRA requires HSAs to function like insurance, which means an 'element of risk' must exist — you can't set up a plan after an expense has already been incurred.
