Is it Necessary to Include All Employees in the HSA?

It's not mandatory to include every employee, but fairness is key. The plan shouldn't just cover shareholders, as this goes against Canada Revenue Agency (CRA) rules for HSAs. It might look more like a benefit for shareholders rather than for employees. So, it's advisable to include at least a portion of your non-shareholder employees to comply with these guidelines.

Still have questions?

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