Reading Materials/Articles
HSA / PHSP Carry-Forward & Claims – Quick Reference
Health Spending Accounts (HSAs) and Private Health Services Plans (PHSPs) allow employees to be reimbursed for eligible medical, dental, and wellness expenses. Employers can structure
Eligible vs. Ineligible HSA Expenses: A Quick Reference Guide
✅ What Can Be Claimed Eligible expenses under a Health Spending Account (HSA) must meet CRA guidelines for medical necessity. Common examples include dental treatments,
Wellness Spending Accounts: How to Add Lifestyle Benefits Without CRARisk
🧘 What is a WSA? A Wellness Spending Account (WSA) is a taxable benefit funded by the employer that covers a broad range of lifestyle
HSA vs. Medical Expense Tax Credit (METC)
When it comes to managing out-of-pocket healthcare costs in Canada, two common options stand out: Health Spending Accounts (HSAs) and the Medical Expense Tax Credit
Why Employee Contributions to HSAs Don’t Work (And What CRA SaysAbout It)
Advisors and business owners often ask why employees can’t make their own contributions to a Health Spending Account (HSA), either through payroll deductions or direct