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.
Income from $48,476 to $103,350 (single) or $96,951 to $206,700 (married filing jointly)
Your Savings
Original Price:
$0.00
Your Tax Bracket:
22%
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 |
---|---|---|
10% | $100.00 | $900.00 |
12% | $120.00 | $880.00 |
22% | $220.00 | $780.00 |
24% | $240.00 | $760.00 |
32% | $320.00 | $680.00 |
35% | $350.00 | $650.00 |
37% | $370.00 | $630.00 |
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
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.