Can I use my FSA for a peloton bike?
Asked by: Lucile Flatley I | Last update: January 8, 2026Score: 5/5 (2 votes)
Can FSA be used for Peloton?
Use your pre-tax HSA or FSA funds to purchase Peloton equipment. We've made it even easier with Truemed.
Can I buy a bike with my FSA?
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 I use FSA for exercise equipment?
You can buy a wide range of athletic gear and medical supplies with FSA/HSA dollars. This includes electrolyte packs, medicine, muscle rubs, KT Tape, glasses, contacts, and more. Much fitness equipment is also covered. But you may need a note from your doctor telling your insurance why you need them.
Can I put my gym membership on my FSA?
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.
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Can FSA pay for massage?
Massage Therapy may be eligible for reimbursement with a Letter of Medical Necessity (LMN) with flexible spending accounts (FSA), health savings accounts (HSA) and health reimbursement arrangements (HRA).
Are air purifiers FSA eligible?
Air purifiers are generally not eligible for reimbursement. An air purifier may be eligible for FSA reimbursement with a Letter of Medical Necessity (LMN) only if you are using it to relieve or alleviate a specific medical condition and you would not otherwise have purchased it.
Is an exercise bike HSA eligible?
Can I Use My HSA to Buy Fitness Equipment? Generally, you can't use your HSA to buy fitness equipment unless you have a letter of medical necessity (LMN) from your doctor.
Can I use FSA for glasses?
You can use your FSA funds for eye exams and prescription glasses. You can also use them for prescription contact lenses. And prescription sunglasses are FSA-eligible, too.
Can you buy tampons with an FSA?
Are Tampons FSA Eligible? Yes! Tampons are now classified as a “medical expense,” making them FSA eligible.
Are electric toothbrushes FSA eligible?
Unfortunately, most products for oral health care are not currently eligible medical expenses for FSA and HSA spending.
Are vitamins FSA eligible?
With this IRS definition in mind, while daily multivitamins are not FSA/HSA eligible, there are some types of vitamins that are eligible with consumer-directed healthcare accounts.
Is Planet fitness FSA eligible?
Can you use flexible spending account (FSA) funds to pay for a gym membership or exercise classes? Typically, no. The Internal Revenue Service (IRS) usually doesn't allow funds from an FSA to pay for membership dues at health clubs or gyms.
Can you buy toilet paper with FSA?
Here are examples of items and expenses that are not FSA-eligible for 2024: General health items: toiletries like toothpaste, toilet paper, or shampoo, cosmetic products, vitamins and supplements (without a prescription) Non-medical equipment: car seats, strollers, non-medical exercise equipment.
Is body wash FSA eligible?
Medicated body or face wash is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), a health reimbursement arrangement (HRA).
Is Peloton FSA eligible?
Peloton has officially rolled out their partnership with Truemed, expanding a new payment option for members who want to use Health Savings Accounts (HSA) or Flexible Spending Accounts (FSA) for buying a Peloton Bike, Tread, or Row.
Can you use FSA for gym membership?
Flexible spending accounts & gym memberships
Are gym memberships FSA eligible? As much as you may want to use your FSA funds to cover your monthly gym membership, weight loss program, or occasional spin classes, they are not considered eligible expenses.
How to get exercise equipment with FSA?
If you have a letter from a medical professional stating that exercise equipment is a medical necessity, your FSA can cover it. They can pay for equipment like treadmills, weights, and resistance training equipment.
Is deodorant FSA eligible?
For example, daily care products, like Vaseline, toothpaste, and deodorant, are not FSA-eligible expenses. Gym memberships and health insurance premiums aren't eligible either. It's possible that you may accidentally purchase a nonqualifying expense with your FSA funds.
Are massage guns FSA eligible?
A massage gun is a device that may ease muscle tension. Money in your health savings account (HSA) and flexible spending account (FSA) may be used to pay for percussion massage guns like a Theragun if they're used for medical purposes.
Is mouth rinse FSA eligible?
Over-the-counter items (OTC) items are not eligible for reimbursement if they are normally used for general health or are used even when there is not a medical condition being treated (such as toothpaste, mouthwash, shampoo, lotion or moisturizer that also contains sunscreen) or are cosmetic in nature (teeth whitening ...
Are sunglasses FSA eligible?
You can use FSA dollars on sunglasses, as long as they are prescription sunglasses. Some non-prescription sunglasses can be purchased with HSA or FSA dollars, but you will most likely need a prescription for the shades from your doctor.
Can you use FSA for tampons?
With the passage of the CARES Act in March 2020, tampons and other menstrual care products are now fully FSA-/HSA-eligible.
Can I use FSA for dental?
You can use funds in your FSA to pay for certain medical and dental expenses for you, your spouse if you're married, and your dependents. You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums.