Well-Being Account

The Well-being Account is designed to be flexible and completely self-directed. You can claim expenses for you or any of your eligible dependents covered under your extended health and/or dental plans.

Your Well-being Account is a taxable lump sum contribution by TELUS.

You will be reimbursed you up to the full amount that you are eligible for in the benefit plan year and advise TELUS of the payment. TELUS will then report the payment on a subsequent pay statement and you will see the appropriate taxes deducted.

Health Spending Account (HSA) - Alternately, Well-being Account funds can be used tax effectively by allocating some or all of your funds to your Health Spending Account.

* Team members in Quebec must pay provincial tax on reimbursements.

You must use any funds in your HSA by the end of the plan year, or you will lose them. However, you can carry forward eligible expenses for a maximum of one year.

Please refer to your benefits manual, found in the Info drop-down at the side of this page, for more information.