Reference guide
Personal Spending Account(PSA)
A taxable employer-funded benefit wallet designed for personal wellness and ergonomic expenses that fall outside CRA medical eligibility. Typical PSA categories include home office equipment, ergonomic furniture, alternative therapies, and personal development tools. Like an LSA, PSA reimbursements are taxable income for the employee.
← HSA & Benefits Glossary
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We'll look at your team size, ages, and current plan, then map you to the path that fits, and coordinate the insurance side with your broker (or refer one if you don't have one yet).
- 01Map your headcount and demographics
- 02Match to the right path (or combo)
- 03Loop in your broker, or refer one
- 04Wallet stack fully deployed in 4 days
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