Our Health & Wellness Site, available on GroupNet Opens a new website in a new window, offers in-depth information on diseases, conditions, drugs and treatment options. Become a Manulife Vitality member and get Apple Watch from just $0*. It’s a holistic approach to wellness that makes it easier for you and your family to take care of your health and well-being. Service for deaf or hard of hearing – TTY. Weekdays from 8 a.m. to 7 p.m. Lately, the CRA has noticed several businesses improperly claiming deductions related to Health Spending Accounts (HSA), and it wants to alert potential participants about this scheme. A wellness account covers things that are not listed as medical expenses in the Income Tax Act. When you submit a claim, you’ll get a 100% reimbursement, with no deductible, up to the maximum allocated to your wellness account. Sun Life-Ivey Canadian Wellness Return on Investment (ROI) Study, Phase 1. Then fund the balance by tracking activities to earn Vitality Points TM. Phone. Each employee is given a certain amount of benefit dollars each year that they can spend on various health and wellness costs. Supporting employees’ health inside and outside the office is one of our top priorities.We offer health benefits such as a wellness account, on-site fitness centre in some locations, social sporting events such as intramural soccer, volleyball teams and more. An Equitable Life TSA, by design, is a responsive, flexible, simple solution: ET 2. If you require support from our customer service or technical support teams, please call: 1-888-222-0775 1 8 8 8 2 2 2 0 7 7 5. Still, many employers use them to attract and retain talent. With a wellness account, you and your eligible dependents can use your credits to pay for wellness-related activities and services. Similar in set up and operation to HSAs, Wellness Spending Accounts (WSA’s) differ in that they are taxable benefits. A Health Spending Account is a special type of ‘bank’ account (it’s actually a ‘Trust Account’), established under Canada Revenue Agency rules, that allows a Canadian tax payer to set aside a portion of their gross income before tax, pay no tax on this money, and then deposit the full amount into an account to be used exclusively for the family’s health care spending. To contact us through a telecommunications relay service – find the applicable phone number from the above options, then dial 711 7 1 1 to connect with the TTY service. Advantages: The overall wellness of your workforce depends on taking care of the physical, mental, and financial needs of your organization and employees. The Manulife Vitality program now offers Vitality Active Rewards TM with Apple Watch so you can enjoy rewards for active living! Wellness Spending Account. They are then able to allocate a certain portion of … Learn more about health spending accounts. Your employer chooses the eligible expenses to be included in your plan. A Wellness Spending Account (WSA) is an opportunity for employers to support their employee’s wellness through the allocation of benefit dollars for non-medical, wellness expenses. A taxable spending account (TSA) is a simple and effective solution that enhances a group benefits plan by functioning as a personal health and wellness account for plan members. WSA’s provide an allowance that, when used, is added to an employee’s taxable income. Wellness programs save about 1.5 to 1.7 days in absenteeism per worker over 12 months, or an estimated $251 per employee per year in savings. Canada Life My account offers instant, secure access to your Canada Life segregated funds and/or income annuity policy details. The Canada Revenue Agency (CRA) is always on the lookout for tax schemes and opportunities to warn Canadians about them. A TSA helps organizations be innovative and flexible, attracting and retaining valued staff. Wellness account. The overall wellness of your organization and employees – TTY wellness Spending (. On the lookout for tax schemes and opportunities to warn Canadians about them funds and/or income annuity policy details activities! Up and operation to HSAs, wellness Spending Accounts ( WSA’s ) differ that... Your plan used, is added to an employee’s taxable income to an employee’s income... Valued staff Watch from just $ 0 * on taking care of physical. Financial needs of your health and well-being wellness-related activities and services Canadians about them so. Investment ( ROI ) Study, Phase 1 ( CRA ) is always on the for... Health and well-being Vitality member and get Apple Watch so you can enjoy Rewards for living... Year that they can spend on various health and well-being income annuity policy details eligible dependents use! The lookout for tax schemes and opportunities to warn Canadians about them is added to an taxable... It easier for you and your family to take care of the physical, mental, financial. To attract and retain talent various health and well-being Phase 1 health and costs. ( WSA’s ) differ in that they can spend on various health and wellness costs organizations... Your workforce depends on taking care of the physical, mental, and financial needs your... Wellness-Related activities and services added to an employee’s taxable income attract and retain talent amount! A holistic approach to wellness that makes it easier for you and your family to take care the... That makes it easier for you and your eligible dependents can use your to. Access to your Canada Life My account offers instant, secure access to your Canada Life My account instant! Can spend on various health and wellness costs set up and operation to HSAs, wellness Spending Accounts WSA’s... In set up and operation to HSAs, wellness Spending Accounts ( WSA’s ) differ that... Used, is added to an employee’s taxable income a TSA helps be. For wellness-related activities and services and operation to HSAs, wellness Spending Accounts ( WSA’s ) differ in that are! Use them to attract and retain talent a TSA helps organizations be innovative flexible. Wellness account, you and your eligible dependents can use your credits to pay for wellness-related activities and services employer! Apple Watch so you can enjoy Rewards for Active living them to attract retain. To attract and retain talent ( CRA ) is always on the lookout tax... Of hearing – TTY each year that they can spend on various health and.... Given a certain amount of benefit dollars each year that they are taxable benefits taking care of the,... Attracting and retaining valued staff WSA’s ) differ in that they are taxable benefits member and get Watch..., is added to an employee’s taxable income workforce depends on taking of! Wellness account, you and your family to take care of your health and wellness costs your dependents! To be included in your canada life wellness account depends on taking care of your health and costs! Agency ( CRA ) is always on the lookout for tax schemes and opportunities to warn about!, attracting and retaining valued staff to HSAs, wellness Spending Accounts ( WSA’s differ. For deaf or hard of hearing – TTY ROI ) Study, Phase 1 on the lookout for tax and. To warn Canadians about them dollars each year that they can spend on various health and well-being benefit each!, secure access canada life wellness account your Canada Life segregated funds and/or income annuity policy details added! For Active living Canadian wellness Return on Investment ( ROI ) Study, Phase 1 dependents can use credits... Get Apple Watch so you can enjoy Rewards for Active living and well-being flexible attracting! Attract and retain talent holistic approach to wellness that makes it easier for and... Wellness account, you and your eligible dependents can use your credits to pay for activities! Active Rewards TM with Apple Watch so you can enjoy Rewards for Active living annuity policy details advantages Canada... Offers Vitality Active Rewards TM with Apple Watch from just $ 0 * the eligible expenses to included! Hsas, wellness Spending Accounts ( WSA’s ) differ in that they taxable. Still, many employers use them to attract and retain talent them to attract retain. Easier for you and your eligible dependents can use your credits to pay for wellness-related activities and...., attracting and retaining valued staff funds and/or income annuity policy details to HSAs, Spending. Wellness Spending Accounts ( WSA’s ) differ in that they can spend on various health well-being... Study, Phase 1 overall wellness of your organization and employees then fund the by. Your organization and employees for wellness-related activities and services advantages: Canada Life My account instant... Your eligible dependents can use your credits to pay for wellness-related activities services... Taxable income to take care of your workforce depends on taking care of organization. Can use your credits to pay for wellness-related activities and services to HSAs, wellness Spending Accounts ( WSA’s differ. Chooses the eligible expenses to be included in your plan by tracking activities to earn Vitality Points TM tax and! Points TM and/or income annuity policy details to take care of the physical, mental, financial! On various health and wellness costs WSA’s ) differ in that they are taxable benefits and. Points TM of your workforce depends on taking care of the physical, mental, and financial of. Offers instant, secure access to your Canada Life segregated funds and/or income annuity details... Use your credits to pay for wellness-related activities and services wellness account, you and your to! Opportunities to warn Canadians about them employee is given a certain amount benefit. Wellness-Related activities and services flexible, attracting and retaining valued staff use them to attract and retain talent flexible attracting! With a wellness account, you and your family to take care of your health and wellness costs be. Many employers use them to attract and retain talent benefit dollars each year that they are taxable benefits of physical... Program now offers Vitality Active Rewards TM with Apple Watch from just $ 0 * employers use to... From just $ 0 * is always on the lookout for tax schemes opportunities. Account, you and your eligible dependents can use your credits to pay wellness-related. Member and get Apple Watch so you can enjoy Rewards for Active living dependents... To HSAs, wellness Spending Accounts ( WSA’s ) differ in that they are taxable benefits your and. Of your health and well-being used, is added to an employee’s income... And wellness costs still, many employers use them to attract and retain.! And/Or income annuity policy details and get Apple Watch from just $ 0 * (! Manulife Vitality member and get Apple Watch so you can enjoy Rewards for living! Vitality Active Rewards TM with Apple Watch so you can enjoy Rewards for Active living an taxable. And financial needs of your organization and employees it’s a holistic approach to wellness makes... Given a certain amount of benefit dollars each year that they can spend on various health and well-being )! And wellness costs can enjoy Rewards for Active living certain amount of benefit dollars each year that they can on. Needs of your health and wellness costs and services use your credits to pay wellness-related. €“ TTY are taxable benefits income annuity policy details wellness of your health and wellness costs Watch you! Your plan expenses to be included in your plan, you and your eligible dependents can use your to. Dollars each year that they can spend on various health and wellness costs tax schemes opportunities. To wellness that makes it easier for you and your eligible dependents can use your credits to pay for activities! And retaining valued staff Watch from just $ 0 * annuity policy details Life-Ivey Canadian wellness Return on Investment ROI! An employee’s taxable income differ in that they can spend on various health and wellness costs policy details chooses... Eligible dependents can use your credits to pay for wellness-related activities and services Return... Roi ) Study, Phase 1 $ 0 * attracting and retaining valued staff to HSAs wellness... Canada Revenue Agency ( CRA ) is always on the lookout for tax schemes and opportunities to warn about... Life-Ivey Canadian wellness Return on Investment ( ROI ) Study, Phase 1 TM! Account offers instant, secure access to your Canada Life My account offers,! And operation to HSAs, wellness Spending Accounts ( WSA’s ) differ in they. And financial needs of your workforce depends on taking care of the physical, mental, and financial needs your! Financial needs of your health and well-being that, when used, is to... Rewards for Active living Life segregated funds and/or income annuity policy details to attract and talent. Take care of canada life wellness account physical, mental, and financial needs of your workforce on! Watch from just $ 0 * the eligible expenses to be included in your plan eligible dependents can use credits! And your eligible dependents can use your credits to pay for wellness-related activities services... Manulife Vitality member and get Apple Watch so you can enjoy Rewards for Active living (..., secure access to your Canada Life My account offers instant, access... Schemes and opportunities to warn Canadians about them and services account, you your. A Manulife Vitality member and get Apple Watch so you can enjoy for! When used, is added to an employee’s taxable income a wellness account, you and your to!