Savings Calculator
Through our partnership with Truemed, you can now use your pre-tax FSA/HSA funds to purchase bikes! Calculate your potential savings below.
Your Savings
Original Price:
$0.00
Your Tax Bracket:
0%
How FSA/HSA Savings Work
Your tax bracket determines how much you save when using FSA/HSA funds:
If Your Tax Bracket Is | On a $1,000 Bike You Save | Your Effective Price |
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How does this work?
- FSA/HSA contributions are taken from your paycheck before taxes
- When you spend these pre-tax dollars on eligible items (like bikes through our TrueMed partnership), you avoid paying taxes on that money
- Your savings equal what you would have paid in taxes (your tax bracket percentage)
- Truemed verifies eligibility and handles documentation
*This calculator provides estimates only. Actual savings may vary based on your specific tax situation.
Consult with a tax professional for personalized advice.
SAVE 30%* ON BEST SELLERS
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Who is Truemed?
At Truemed, they believe that investing in your health is far more valuable than waiting to spend on sickness. By unlocking pre-tax HSA/FSA spend on research backed interventions such as fitness, supplements, and health technology, they’re shifting healthcare spend toward true medicine.
Yes, the BikesOnline and Truemed partnership is available to customers throughout the United States. FSA/HSA eligibility is determined by federal guidelines, so the benefits apply nationwide.
No problem! You can pay with another payment method and Truemed will provide you with an itemized receipt that you can submit to your FSA/HSA administrator for reimbursement.
In most cases, no. Through our partnership with Truemed, the verification process is handled through them. However, it's always a good idea to check with your specific FSA/HSA administrator about their policies.
Depending on your tax bracket, you could save 25-40% on your bike purchase. Since FSA/HSA contributions are made pre-tax, using these funds is like getting a significant discount on your purchase.
Most bikes available on BikesOnline qualify for FSA/HSA funds. E-bikes, road bikes, mountain bikes, and commuter bikes typically qualify as they promote physical activity.
Healthcare providers and FSA/HSA administrators now recognize cycling as a legitimate way to prevent illness, manage chronic conditions, and improve overall health. This partnership between BikesOnline and Truemed is pioneering this recognition by streamlining the verification and payment process.