Not HSA-Eligible

Is Peloton & Exercise Equipment HSA-Eligible? (2026)

Peloton bikes and exercise equipment are NOT HSA-eligible, even for health purposes.

Typical Cost

$1,400–$2,500 (Peloton bike); $30–$50/month (subscription)

Details

The IRS is pretty clear on this one: exercise equipment is a general health expense, not a medical expense. That means your Peloton, treadmill, rowing machine, or home gym setup doesn't qualify — even if your doctor recommends exercise. The reasoning is that exercise benefits general health rather than treating a specific disease. Some people have tried getting a letter of medical necessity, but HSA administrators rarely approve it for exercise equipment.

Requirements

Not eligible. Exercise equipment is classified as general health, not medical treatment.

Frequently Asked Questions

Is a Peloton HSA-eligible?

No. The IRS doesn't consider exercise equipment a qualified medical expense, even with a doctor's recommendation.

What if my doctor prescribes exercise?

A doctor recommending exercise doesn't make equipment eligible. The IRS draws a line between medical treatment and general fitness.

Related HSA Expenses

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