Can I use HSA for an exercise bike?
Asked by: Miss Winnifred Mayert | Last update: December 12, 2025Score: 4.9/5 (34 votes)
Is an exercise bike HSA eligible?
You can use an HSA to reimburse yourself for a bike if you get a prescription from a doctor for ``exercise equipment'' to combat an underlying condition. I did it for high cholesterol.
Can you use HSA for peloton bike?
Yes. You can pay with a credit or debit card through Truemed and submit a reimbursement request to your HSA/FSA plan administrator for up to the amount you have available in your HSA/FSA account.
Can I buy an electric bike with my HSA?
For this, you will need a letter of medical necessity. This is where services like Truemed come in to provide such documentation. This is how Zwift and Wahoo can accept payment for things like smart bikes and trainers from an HSA/FSA account, which are not medical devices in the traditional sense.
Can you use HSA for a fitness watch?
While fitness tracking watches like Fitbits are not HSA eligible, basic heart rate monitors are. Most people use heart rate monitors to measure their heart rate during exercise. If you want to maximize your cardio workout, using a heart rate monitor can help.
10 Unexpected Benefits of Exercise Bikes (and 4 RISKS)
Can I put my gym membership on my HSA?
Generally, the IRS doesn't allow pretax dollars in HSAs or FSAs for gym memberships. This is because they see them as expenses for general well-being rather than medical necessity. However, with a Letter of Medical Necessity (LMN), your HSA or FSA could be used to fund those expenses.
Can I use my HSA to buy an Apple Watch?
Unfortunately the answer to this question is usually no. This is because according to the IRS, fitness trackers are used to promote what the IRS terms “general health”. Expenses under this general health definition are not considered HSA eligible expenses.
Can you use HSA for running shoes?
Running shoes may be an eligible expense for your HSA or FSA, if they help to manage or prevent a medical condition.
Can you buy an exercise bike with FSA?
7. Invest in exercise equipment for physical therapy. If you have a letter from a medical professional stating that exercise equipment is a medical necessity, your FSA can cover it.
How to get a Letter of medical necessity for exercise equipment?
Eligibility with Letter of Medical Necessity (LMN): If a doctor prescribes exercise equipment to treat a diagnosed medical condition, you may be able to use FSA funds. To get an LMN, your doctor needs to detail the specific condition and how the equipment will directly aid in its treatment or management.
Can I use HSA to buy a treadmill?
For a treadmill to be eligible for reimbursement, it must be used to treat or prevent a specific disease, including hypertension or obesity.
Is daily harvest HSA eligible?
Some health care providers allow FSA / HSA dollars to be spent on healthy, nutritious food, including Daily Harvest. Please connect directly with your health care provider to understand their requirements and processes to qualify for and receive this benefit.
Is a gym membership FSA eligible?
The Internal Revenue Service (IRS) usually doesn't allow funds from an FSA to pay for membership dues at health clubs or gyms. However, the IRS allows FSA funds to be used for paying separate fees charged at health clinics or physical therapy centers for specific activities prescribed by doctors for an individual.
Are Pelotons HSA eligible?
FSA/HSA funds can be used across a range of healthcare, including on fitness equipment. Meaning, you can use your pre-tax dollars to pick up a new massage gun, compression socks, or even a Peloton bike—and save money in the process.
Is deodorant HSA eligible?
Deodorant reimbursement is not eligible 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).
Can you buy gym supplements with HSA?
Generally, you can't use your HSA to pay for expenses that don't meaningfully promote the proper function of the body or prevent or treat illness or disease. Nutritional supplements and weight loss programs not prescribed by a physician are examples of expenses that would not be covered by your HSA.
Can I use HSA for gym membership?
Gym memberships. While some companies and private insurers may offer discounts on gym memberships, you generally can't use your FSA or HSA account to pay for gym or health club memberships. An exception to that rule would be if your doctor deems fitness medically necessary for your recovery or treatment.
Can I use my HSA to pay for pilates?
🌟 Did you know you can use your pre-tax HSA/FSA funds for your Pilates classes? If you're exercising to manage a medical condition, you could save up to 40%!
Can I use my HSA for a fitness watch?
To purchase a fitness tracker with a consumer-directed healthcare account like an FSA, HSA or HRA, a Letter of Medical Necessity (LMN) is required to show that the device will be used to treat a legitimate medical condition such as obesity.
Can I use HSA for sports physical?
Expenses associated with physical exams are eligible for reimbursement with consumer-directed healthcare accounts like FSAs, HSAs, and HRAs, which gives patients plenty of options to consider to cover the cost of services that can help them stay on top of their overall health year-round.
Can I buy insoles with HSA?
Under a doctor's prescription, your HSA covers the expense of insoles, custom orthotics, and other assistive devices deemed necessary to manage conditions in the feet and lower limbs and aid in preventing these ailments from worsening.
Can I use my HSA for a massage?
Your HSA can pay for massage therapy, though you'll likely need a letter of medical necessity (LMN) from your doctor. An LMN states what condition the treatment is for, how many sessions you need, and any other relevant details. An HSA may also be used on alternative or holistic treatments, such as: Massage therapy.
Can skincare be purchased with HSA?
This means that any skin care costs that count towards your deductible, such as prescription medications or dermatologist visits, can be paid for using HSA funds.
Can you buy a Fitbit with FSA?
Unfortunately, fitness devices like the Fitbit are typically not considered FSA eligible, because they are considered for general good health and not for the treatment of a specific medical condition (similar to gym membership).