News
April 2023 Advisor Newsletter
How inflation affects HSA spending account limits, plus important April notices including grace period reminders and upcoming advisor events.
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Newsletters
Newsletters
News
March 2023 Advisor Newsletter
Clearing up the CRA's 10% rule for HSAs, a social media reminder, and important notices for advisors heading into the busier spring renewal season.
Important Information
Advisor Education
Insights
Clearing up the 10% Rule
The CRA's 10% rule requires that at least 90% of HSA expenses be METC-eligible — here's what it means, why it caused confusion, and how it affects your clients' plans.
Advisor Education
Research
Why we only work with Advisors
myHSA made a deliberate choice not to go direct to businesses — here's why the advisor channel is fundamental to how we operate and how we think about growth.
Newsletters
News
February 2023 Advisor Newsletter
Can shareholders have an HSA? A clear breakdown of the element of risk for shareholders, plus a comparison of METC vs HSA savings for business owners.
Important Information
Advisor Education
Insights
Shareholders and the Element of Risk
Can shareholders have an HSA? There’s a lot of noise around this, I think it’s time we clarify our thoughts. First, a disclaimer – we are not accountants, the client’s accountant should have the...
Health Spending Account
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.
Health Spending Account
Insights
What is a Health Spending Account?
Health Spending Account (HSA), Wellness Spending Account (WSA – also known as a Lifestyle Spending Account in some circles), Flexible Spending Accounts - are all these terms really that complicated?...
Newsletters
News
January 2023 Advisor Newsletter
Why myHSA opposes METC calculators, our 2023 predictions for the benefits industry, and a recap of what advisors need to know heading into the new year.
Important Information
Insights
Why we hate METC calculators for HSAs
Many times, we run into a scenario where a business owner is assessing whether to use an HSA or the Medical Expense Tax Credit (METC). If you understand both concepts, it is a no brainer to setup an...
Advisor Education
Research
Our 2023 Predictions
Before jumping into 2023 predictions, we check how well last year's three trends came true — then look ahead at what's coming for the employee benefits industry.
Advisor Education
Research
Looking back at 2022
2022 was the year myHSA finally felt noticed and accepted — here are Tim Kane's personal highlights from the company's most important year of growth to date.
Newsletters
News
December 2022 Advisor Newsletter
A look back at myHSA's biggest highlights from 2022, plus Steve McEwan's 2023 predictions for the employee benefits industry.
