If you're exploring ways to maximize your Health Savings Account (HSA) or Flexible Spending Account (FSA), you might wonder: "Are gym memberships HSA eligible?" or "Can gym memberships be paid with HSA funds?" The answer, while typically "no" for most gyms, is a resounding "yes" at SPENGA Wheat Ridge through
a special approval process.
Here's how you can make your SPENGA membership work with your HSA or FSA, helping you prioritize health and fitness without straining your wallet.
Are Gym Memberships Typically HSA or FSA Eligible?
Under standard IRS guidelines, gym memberships are not considered HSA or FSA eligible because they're categorized as general health expenses rather than medically necessary treatments. However, there are exceptions. If a fitness program is deemed essential for treating a medical condition (e.g., obesity, diabetes, or hypertension),
it could qualify for reimbursement. Approval from a qualified provider is typically required.
At SPENGA Wheat Ridge, we've partnered with TrueMed, an innovative platform that makes it possible for your gym membership to be reimbursed through HSA or FSA funds.
How SPENGA Wheat Ridge Makes It Work
We understand the importance of combining fitness and wellness with affordability. That's why SPENGA Wheat Ridge offers a straightforward way for members to use their HSA or FSA for reimbursement. Here's how it works:
- Submit for Approval through TrueMed
Visit TrueMed's SPENGA portal (https://app.truemed.com/spenga/qualify) to begin the process. TrueMed helps you secure the necessary approval for your SPENGA membership as a qualifying health expense. - Receive Confirmation
Once approved, your SPENGA membership qualifies as a reimbursable expense through your HSA or FSA account. - Enjoy Fitness with Peace of Mind
Use your HSA or FSA funds to reimburse payments made toward your SPENGA membership, ensuring your fitness journey is both financially savvy and health-focused.
Why Choose SPENGA Wheat Ridge?
At SPENGA, we combine SPIN, Strength, and Yoga into one 60-minute session, delivering a complete workout that promotes cardiovascular health, strength training, and flexibility. Our expert instructors and welcoming community ensure you feel supported every step of the way.
Whether you're aiming to lose weight, improve flexibility, or manage a medical condition, SPENGA provides the perfect environment for your fitness goals. And with the option to use HSA or FSA funds, there's even more reason to prioritize your well-being.
The Benefits of Using HSA/FSA for Fitness
- Tax-Free Savings: Stretch your dollars further by using pre-tax funds for qualified expenses.
- Financial Flexibility: Remove barriers to investing in your health and fitness.
- Holistic Wellness: Combine fitness with financial wellness to achieve your health goals.
Get Started Today!
Ready to see if your SPENGA membership qualifies? Head to TrueMed's SPENGA portal (https://app.truemed.com/spenga/qualify) to apply for approval. Once approved, enjoy the benefits of HSA or FSA reimbursement while transforming your fitness with SPENGA Wheat Ridge.
Don't let financial worries stop you from achieving your goals. Join the SPENGA family today and take the first step toward a healthier, happier you!
SPENGA Wheat Ridge: Your Partner in Fitness and Wellness
Located in the heart of Wheat Ridge, CO, SPENGA Wheat Ridge is more than a gym - it's a community committed to helping you feel your best. From our innovative workouts to programs that make fitness more accessible, we're
here to support every step of your journey.
Let's make fitness a priority! Sign up for your first class today and experience the SPENGA difference.
