Understanding Health Spending Accounts for Canadian Business Owners with Steve McEwen

Join host Jason Pereira as he welcomes Steve McEwen from My HSA to discuss defined contribution benefit programs, commonly known as health spending accounts in Canada. This episode covers the fundamentals of HSAs, how they differ from traditional benefits plans, and their uses for business owners of various sizes. Learn about the flexibility of HSAs, how they can be paired with traditional insurance, and key considerations for businesses. Dive deep into the technical setup, employer and employee benefits, potential tax implications, and the role of advisors in facilitating these plans. Tune in for expert insights and practical advice to optimize your business's benefits strategy.