The BeniPlus Executive Wallet: Premium, Flexible Benefits for Your Top Talent

The BeniPlus Executive Wallet: Premium, Flexible Benefits for Your Top Talent — Now Live

Attracting and retaining top executives isn’t just about salary anymore. Today’s senior leaders expect benefits that are flexible, meaningful, and tailored to their lifestyle and financial goals.

The BeniPlus Executive Wallet is now available—giving employers a powerful tool to offer premium, personalized benefits that go beyond the basics, all while maintaining cost control and tax efficiency.

What Is the Executive Wallet?

The BeniPlus Executive Wallet is a Flexible Spending Account built specifically for executives and senior leaders. It allows them to allocate a higher annual benefits budget across multiple categories, choosing what’s most valuable for them—within the employer’s set parameters.

Unlike rigid benefits plans, this approach gives executives full flexibility and autonomy, while still aligning with company policies and budgets.

The Benefit Categories Executives Can Choose From

Through the BeniPlus platform, executives can customize their benefits across six core categories:

1. Health Spending Account (HSA)
   
   • Covers eligible medical expenses such as dental, vision, prescriptions, and paramedical services.
     
   • 100% non-taxable to the executive.
     
     
2. Wellness Spending Account (WSA)
   
   • Supports lifestyle, health, and personal growth expenses, including gym memberships, therapy, sports leagues, and professional development.
     
     
3. RRSP Contributions
   
   • Tax-deductible retirement savings that grow inside a registered plan.
     
     
4. TFSAs
   
   • Flexible, tax-free savings for short- or long-term goals.
     
     
5. Charitable Giving
   
   • Allocate part of the benefits budget to support registered charities and causes that matter.
     
     
6. Personal Insurance
   
   • Life, disability, and other insurance options for additional security and peace of mind.
     
     

Why Employers Are Adding the Executive Wallet

1. Attract and Retain Top Talent
Offering flexible, high-value benefits demonstrates that your company invests in its leaders — making it easier to recruit and keep them.

2. Deliver More Value, More Efficiently
Many categories offer tax advantages, allowing you to provide greater benefits without significantly increasing taxable income.

3. Align Benefits with Business Strategy
Executives get to choose what they value most, but employers set the budget and guardrails, ensuring predictability.

4. Seamless Administration
The BeniPlus platform makes setup and management simple, with real-time reporting to track usage and ROI.

The Competitive Edge You’ve Been Looking For

In today’s tight talent market, the right benefits package can be the difference between winning and losing top leadership candidates.

The BeniPlus Executive Wallet delivers:

• Premium, personalized benefits that reflect executive lifestyles.
  
• Tax-efficient structures to maximize value for both parties.
  
• Centralized digital management to keep everything streamlined.
  

Ready to Offer It?

The BeniPlus Executive Wallet is live and ready to roll out to your leadership team. Give your executives the flexibility they deserve and position your company as an employer of choice.