Can I Set Up a Health Spending Account (HSA) in My HoldCo?
Can I Set Up a Health Spending Account (HSA) in My HoldCo? A common question business owners and accountants face is whether a Health Spending Account (HSA) can be set up within a Holding Company (HoldCo) instead of an Operating Company (OpCo). While this [...]
What are the Best Disability Insurance Contracts in Canada for Professionals?
What are the Best Disability Insurance Contracts in Canada for Professionals? When selecting a disability insurance policy as a professional, it’s important to understand the key contract provisions that set the best policies apart. One of the most significant features is Non-Cancellable coverage, meaning [...]
Understanding the Definition of Disability Insurance for Professionals
Understanding the Definition of Disability Insurance for Professionals Choosing the Right Disability Insurance for Your Career As a professional, you’ve invested years—if not decades—into building your career. Whether you're a physician, dentist, lawyer, or business owner, your ability to work is your greatest financial [...]
Understanding the Life Insurance Contestability Period: Why Transparency Matters
Understanding the Life Insurance Contestability Period: Why Transparency Matters When purchasing life insurance, most people assume that the policy will pay out promptly when they pass away, providing their loved ones with the financial protection they intended. While this is often true, there is [...]
Critical Illness Insurance vs. Disability Insurance: Do You Need Both?
Critical Illness Insurance vs. Disability Insurance: Do You Need Both? Understanding the Differences and Why They Matter When it comes to protecting your financial future, choosing the right insurance coverage can feel overwhelming. Two options that often get compared are critical illness insurance and [...]
Do I Need a Health Spending Account?
Do I Need a Health Spending Account? Maximizing Your Tax Savings and Employee Benefits When it comes to managing healthcare costs, many business owners and professionals wonder if they need a Health Spending Account (HSA). But the real question isn’t whether you need one—it’s [...]