Health Spending Account CRA | Olympia Benefits Blog

Blog Articles by Olympia Benefits

What is a Non Registered Account and How Does It Differ?

In Canada, the government offers special tax treatment in registered accounts, such as an RRSP and TFSA. These registered accounts come with certain restrictions. On the other hand, non-registered accounts don’t have specific rules as long as you pay taxes on your income from the account. ...

April 1, 2022

What are Flexible Benefits and How do They Work?

The world is currently experiencing a very competitive job market. As an employer, you need to stay up-to-date with benefits trends to keep valuable employees and attract top...

Does your company need contractor insurance?

Contractor insurance protects a wide range of companies in Canada. You could be a large construction contractor with dozens of employees. Or you might have a one-person...

What Is Life Insurance and How Does It Work?

In this day and age, life insurance is a must. The reality of death has struck many close to home. Death is a very traumatizing experience for your loved ones.

What Is a Non Registered Savings Plan (NRSP)?

You may not be able to predict life's many curveballs, but you can preserve your peace of mind. After all, one of the biggest benefits of saving money for retirement (and for...

Total Compensation - What is it and what to include?

Looking to attract and maintain top talent over the long term? It’s not easy in today’s market. Total compensation is an effective tool when attempting to retain top talent...

7 Elements of an Employer Employee Relationship

Maintaining a good employer-employee relationship is crucial to the success of you and your business. Not only that-- but having a good employer-employee relationship can...

The Basics of a Dental Bone Graft Procedure

Did you know that nearly 120 million Americans are missing at least one tooth? This number of course fluctuates globally, but the reasons for tooth loss vary anywhere from...

A Concise Guide to Dental Care for Children

A pediatric dentist specializes in dental care for children ranging from infants to teenagers. They are trained to treat young children and understand how best to accommodate...

How Kinesitherapy Can Help You Reduce or Prevent Pain

Just as food and nutrition can play a part in managing certain health conditions, so too can exercise. Kinesiotherapists operate on the premise that movement is medicine.

How Much Does Botox Cost in Canada?

Botox is one of the most popular non-surgical procedures in North America. As of January 2021, the most popular cosmetic procedure that was searched online in Canada was...