Can you usa a Health Savings Account (HSA) to pay for gym memberships?

Question

I was thinking about joining a gym. I have a lot of money in my HSA . Can I use that to pay for my membership.

Answer 1

I don't think so, I think you can use a HSA for illnesses only, but you should check your policy terms and conditions, or talk to the HAs agency, they could tell you your own specifics, good luck

Answer 2

You can pay anything from your HSA. However, if you pay for items that are not "medical" (as outlined by the IRS), then the amount you pay for these items are subject to income taxes and perhaps penalties. A reasonable approach is to research deductible medical expenses at the IRS website. (The publication to look for relates to itemized deductions.) If gym memberships prescribed by a doctor shows up, then you're okay. If not, you'll have to work with a tax advisor to see if what you can do to obtain deductibility.