WageWorks generally offers flexible spending accounts (FSAs), health savings accounts (HSAs), and other benefit programs that allow users to set aside pre-tax dollars for eligible medical expenses. However, gym memberships are typically not considered qualified medical expenses according to IRS guidelines. Therefore, contributions made to WageWorks accounts cannot usually be used to pay for gym memberships.
That said, WageWorks could offer wellness programs that provide reimbursements for certain fitness-related expenses or wellness initiatives through your employer. This would be dependent on the specific benefits your employer has chosen to offer. It is advisable for individuals seeking to use WageWorks for gym-related expenses to check the current details available on the WageWorks website to see if any specific programs apply to them or to explore other wellness initiatives offered by their employer. Keeping updated on eligibility requirements and qualifying expenses is important for maximizing the benefits of WageWorks.
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