Can I use my HSA for an Apple watch?

Asked by: Antwon Kuphal  |  Last update: August 19, 2023
Score: 4.2/5 (67 votes)

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 I use my HSA for a smart watch?

A fitness tracker device, such as a Fitbit, is only 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).

Are Apple watches FSA eligible?

Understanding What's Eligible and What's Not

While fitness trackers such as an Apple Watch, Fitbit or Garmin aren't eligible expenses, medical devices that monitor, screen, or test for certain diseases or medical conditions may be eligible. These include items like blood pressure and heart-rate monitors.

Can I buy exercise equipment with my HSA card?

Exercise equipment used for general health and wellbeing is not eligible for reimbursement. Some specific medical conditions may require exercise equipment, which a doctor can determine and prescribe.

Can I use my HSA for gym membership?

Physical therapy is an approved medical expense. 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 you buy an Apple watch with HSA?

45 related questions found

Can you buy Fitbit with HSA?

A fitness tracker device, such as a Fitbit, is only 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).

Is peloton HSA eligible?

Can I buy a Peloton bike with my HSA? Can I use my HSA for a gym membership? 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.

Can I use HSA money to buy a treadmill?

Treadmill: HSA Eligibility

A treadmill may 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 you buy a car seat with HSA?

Although required for the protection of young children, car seats do not qualify as medical care and are therefore not eligible.

Can I use HSA for vitamins?

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 and others that may be eligible with proper documentation from a physician.

Does Best Buy accept HSA?

Many of the products on BestBuy.com that are eligible for these programs are indicated with a blue badge near the product description. The badge says "HSA/FSA/HRA eligible." Shop most HSA/FSA/HRA eligible products.

How to get smart watch for free?

Another way to get a free smartwatch is by reviewing products. Some companies offer free products in exchange for reviews, so you can contact smartwatch manufacturers and ask if they have any review programs. In return for writing a review, you may get to keep the smartwatch.

How do I get insurance on my Apple Watch?

How to buy
  1. On your paired iPhone (go to the Watch app > General > About and choose AppleCare+ Coverage Available)
  2. Online (requires you to verify your serial number and run a remote diagnostic)
  3. At an Apple Store (inspection of Apple Watch and proof of purchase are required)

What can I not use my HSA card to buy?

Examples of no-nos from the IRS include vacations and vitamins. Other items that aren't eligible include maternity clothes, funeral costs, child care for healthy babies, toiletries, over-the-counter medicine, swimming lessons and elective cosmetic procedures.

Are Amazon purchases HSA eligible?

If you have an HSA (Health Savings Account) or FSA account (Flexible Savings Account) set up and you love shopping on Amazon, listen up. You can purchase a boatload of eligible items using your HSA or FSA account in the Amazon HSA store. And, your pre-tax HSA will even cover any tax or shipping fees.

Can I buy tampons with HSA?

With the passage of the CARES Act in March 2020, tampons and other menstrual care products are now fully FSA-/HSA-eligible. According to the text of the bill, menstrual care products include, “tampon, pad, liner, cup, sponge, or similar product used by individuals with respect to menstruation…”

Can I use my HSA for Uber?

HSA Funds & Medically Necessary Transportation Expenses

Examples of medically necessary transportation costs include: Taking a cab, Uber, or Lyft to medical appointments (round trip) Ambulance services.

Can you use HSA for DoorDash?

Summary: DoorDash is making it easier than ever to submit your qualified health purchases for reimbursement through your HSA or FSA account via HSA/FSA receipt reimbursement. Upon completing an order containing HSA/FSA eligible items, you will receive an email receipt with your HSA/FSA eligible items highlighted.

Can you put mattress on HSA?

More about mattress eligibility? There are several medical conditions which may benefit from the use of a specially constructed mattress. But, regardless of the need, a mattress expense is only eligible when its components and construction costs exceed those of a standard mattress for general health.

Can I use HSA for Botox?

Botox: HSA Eligibility

Botox injections 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).

Can you use HSA for Lasik?

You can use an HSA for LASIK and other laser vision correction procedures. Like the FSA, the IRS sets limits on what procedures can be covered by an HSA. Laser vision correction procedures including LASIK, SMILE, and PRK are eligible expenses.

Can I buy a bicycle with my HSA?

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.

Is Oura ring HSA eligible?

The IRS does not inherently consider such devices medically necessary. That being said, you may be able to use your HSA or FSA account to purchase a fitness tracker if you can provide a Letter of Medical Necessity (LMN) to your benefits administrators.

Will FSA pay for exercise equipment?

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. They can pay for equipment like treadmills, weights, and resistance training equipment.

What qualifies for medical FSA?

Allowed expenses include insurance copayments and deductibles, qualified prescription drugs, insulin, and medical devices. You decide how much to put in an FSA, up to a limit set by your employer. You aren't taxed on this money.