Can I buy a treadmill with my HSA?

Asked by: Nayeli Marquardt  |  Last update: May 20, 2023
Score: 4.8/5 (17 votes)

A treadmill can be eligible for reimbursement with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA) and health reimbursement arrangement (HRA).

Can I use my HSA for a peloton?

The short answer is no. In most cases, you cannot use a health savings account (HSA) to purchase an electric bike or really any sports or recreational equipment.

Can I use my HSA for the gym?

Can I use my HSA for a gym membership? Typically no. Unless you have a letter from your doctor stating that the membership is necessary to treat an injury or underlying health condition, such as obesity, a gym membership isn't a qualifying medical expense.

Can a treadmill be a medical expense?

Exercise Equipment and Medical Expenses

If your doctor told you to begin walking or jogging on a treadmill to lose weight because obesity is causing you to have health problems, then you may be able to deduct the expense of buying the item.

Can you buy weights with HSA?

Exercise equipment is eligible for reimbursement with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).

New HSA & FSA Eligible Expenses | Healthcare Items to Buy Right Now

20 related questions found

Can I buy a peloton with my FSA?

Treadmills, gym memberships, and peloton bikes are not eligible HSA or FSA expenses. However, if you have a Letter of Medical Necessity from your doctor that requires you to exercise, you might be able to use HSA or FSA funds for those. Call your provider to check.

Can you buy running shoes with HSA?

Yes, orthopedic and therapeutic footwear products qualify as a medical expense through an HSA or FSA and can be reimbursed through your provider accounts. To be reimbursed, you will need to obtain a Letter of Medical Necessity from your qualified health care provided.

Can I use my HSA for yoga classes?

Yoga is eligible for reimbursement with a Letter of Medical Necessity (LMN) with flexible spending accounts (FSA), health savings accounts (HSA), and health reimbursement accounts (HRA).

Can I buy groceries with my HSA card?

No, you can't use your Flexible Spending Account (FSA) or Health Savings Account (HSA) for straight food purchases like meat, produce and dairy. But you can use them for some nutrition-related products and services. To review, tax-advantaged accounts have regulatory restrictions on eligible products and services.

Can I buy a sauna with my HSA?

In light of this cultural shift, Perspire Sauna Studio, the nation's fastest growing infrared sauna studio franchise, announced today it can now accept Health Savings Account (HSA) and Flexible Savings Account (FSA) cards as payment from guests and members at all of its locations.

Is Apple Watch 6 HSA eligible?

All replies. Cheers! Apple Watches are not considered medical devices and therefore cannot be bought with FSA funds. Even if a doctor says it's a medical necessity there's nothing that states Apple Watch is a medical device.

Can I use my HSA to pay for Pilates?

You might find that you can utilize your HSA card (and pre-tax HSA funds) for Pilates using an exercise prescription, but maybe this doesn't count toward your medical plan deductible. Again, this is specific to your insurance plan, and you'll need to talk to your insurance company to see what's right for you.

Can I buy toilet paper with HSA card?

On the counterpoint, let's take a quick look at some of the expenses that don't qualify for payment out of your HSA, even during the coronavirus pandemic: Babysitting and childcare costs for a normal, healthy child. Medicines and drugs from other countries. Personal care items like toilet paper and soap.

Can I buy shampoo with HSA?

While some exceptions may vary, shampoo is generally not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).

What are approved HSA purchases?

Common IRS-Qualified Medical Expenses
  • Acupuncture.
  • Ambulance.
  • Artificial limbs.
  • Artificial teeth*
  • Birth control treatment.
  • Blood sugar test kits for diabetics.
  • Breast pumps and lactation supplies.
  • Chiropractor.

Are nail clippers HSA eligible?

Over-the-counter items which are items not categorized as a medicine or drug and may include, but are not limited to, nail clippers, pumice stones, etc., are not reimbursable, unless accompanied by a physician's diagnosis letter.

Are heated blankets HSA eligible?

A heating pad is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA). A heating pad is not eligible with a dependent care flexible spending account (DCFSA) or a limited-purpose flexible spending account (LPFSA).

Are vitamins HSA eligible?

Generally, weight-loss supplements, nutritional supplements, and vitamins are used for general health and are not qualified HSA expenses.

Can I use my FSA for a gym membership?

Key Takeaways. Generally, gym and health club memberships, along with exercise classes (like Pilates or spinning), cannot be covered by FSA funds.

Can I withdraw money from my HSA for non-medical?

The funds in an HSA can be used for general non-medical purposes, without penalty, once the employee reaches age 65. Any withdrawn funds used for non-medical purposes are still subject to income taxes.

Can I use my HSA for arch supports?

Arch support reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA). Arch support reimbursement is not eligible with a limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).

What exercise equipment is covered by FSA?

Exercise equipment are any machines or equipment used for physical exercise. This includes treadmills, weights, and more (Harvard Health Publishing). Exercise equipment must be used to treat a specific medical condition in order to be considered eligible for reimbursement under a consumer-directed health care account.

Is a mattress FSA eligible?

Mattress: FSA Eligibility. Mattresses are not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), dependent care flexible spending account (DCFSA) or a limited-purpose flexible spending account (LPFSA).

Is Epsom salt FSA eligible?

Epsom salt is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA). Epsom salt reimbursement is not eligible with a limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).

Can I buy a toothbrush with my HSA account?

Toothbrushes are not eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), health reimbursement accounts (HRA), dependent care flexible spending accounts and limited-purpose flexible spending accounts (LPFSA) because they are general health products.