A Guide to Understanding HSA/FSA Reimbursements for Exercise & Physical Activity

The prevalence of chronic diseases such as obesity, hypertension, and diabetes among adults underscores the importance of exercise and physical activity in managing these conditions. Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are valuable tools for managing healthcare expenses, yet many exercise professionals and their clients may not be aware of their potential for covering physical activity expenses under certain conditions. Many employers and employees are not yet aware of these benefits. It is essential to educate them about the potential tax advantages and the steps required to utilize these benefits effectively. This month’s CREP blog provides insights from important IRS guidance on how to use tax-advantaged saving accounts and what pitfalls to avoid.

CLICK HERE to read the entire blog from CREP, including some great resources!