- LEGACY CAPITAL GROUP Inc.

There are numerous reasons why a business may consider a program like FlexSave™ in lieu of or in addition to traditional health/dental alternatives.

Currently paying Health/Dental Expenses personally

Have investigated Insurance but frustrated with expensive premiums

Want to reduce/eliminate potential increases in Health/Dental Insurance Premiums

Using the Medical Expense Tax Credit through personal income taxes

More cost effective – premiums can be written off as an expense

Other less conventional expenses that would not by typically be covered under a traditional benefits plan would be covered under FlexSave™ .

Whatever the vision of your organization it is important to remain competitive by offering employee benefits. Whether starting a new business or your plan is to expand, we can help you find the best strategies and benefits to help you and your organization succeed.

Employee Benefit Plans may include:

Life Insurance

Critical Illness

Accidental Death

Prescription Drugs

Health & Dental

Hospital Benefits and Nursing Care

Paramedicals - such as Massage, Chiropractic etc.

Vision, Glasses and Orthopedics

Out of Country/Province Travel Insurance

The following list shows a broad range of medical and dental expenses covered under HUB Financial Inc.’s FlexSave™ plan. This list includes but is not limited to the following:

Over 20 Medical Practioners – including Chiropractor, Dentist, Homeopath, Masseur etc.

Medicine & Medical Treatment – cardiographs, lab tests, vaccines etc.

Dental Treatment – braces, crowns, dentures, root canal etc.

Other Expenditures – cat scan, MRI, kidney machine, pacemaker etc.

For additional information, please refer to the Canadian Income Tax Act Section 118.2 or go to Revenue Canada’s (CRA) website for IT Bulletin IT519R2.

The general guiding principle for eligibility is that treatment must be conducted for medical reasons, and not for cosmetic purposes. Procedures covered under traditional employee benefits would be covered under our program at 100%.

"As a recently self employed person, I had no idea how expensive health & Dental plans are. This has proven to be an excellent alternative."

Paul T. Maple, ON

Whether you are a corporation of one or self employed, there are now health and dental benefit programs specifically created with you in mind. You are able to pre-fund your coverage, whereby the company agrees to provide funding for these expense amounts and the applicable fees and taxes up to a limit the company sets in advance.

The total amount paid by the company is 100% tax-deductible to the business

The employee receives a Tax Free benefit.

If you operate a business, are self employed or an independent contractor, you are eligible. The business must be your main source of revenue as an individual is not able to create a company for the sole purpose of a health and welfare trust. There are no minimums or maximum size requirements.

Legacy Capital Group of companies is a Wealth Management firm that offers a wide range of financial services and products. We are focused on helping the families and businesses we serve build generational wealth.