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TaxBit / Wellness

At Taxbit, we care about the health of each of our employees. That’s why we offer this easy-to-access wellness program — to support you in taking time each day for self-care.

TaxBit offers a Lifestyle Flexible Spending Account to help empower team members to balance work and life more effectively. These accounts allow individuals to receive reimbursement for non-essential expenses like entertainment, wellness, hobbies and more. Our goal in providing this benefit will encourage a healthier work-life balance, reduce financial stress, and promote overall well-being.

Wellness Programs

Wellness Benefit details:

You can request up to $500 in reimbursements for covered items starting on January 1, 2024 (not broken up quarterly)

Only applies to employee, no spouse or dependent coverage.

Employees request reimbursements through the same steps as requesting an HSA or FSA reimbursement in Paylocity

Reimbursements are tax liable (they will be taxed)

Eligible expenses:

  • Athletic equipment and accessories
  • Exercise equipment
  • Gym, Health Club, Spa, and Fitness Studio Memberships
  • Fitness classes (yoga, pilates, spin/cycle, dance, etc)
  • Lessons (golf, swimming, tennis, dance, etc)
  • Personal trainer
  • Fitness trackers
  • Entry fees (marathons, leagues, etc)
  • Passes (ski, snowboard, golf, swimming, etc)
  • Weight-loss programs (excludes food and beverages)
  • Nutritional counseling
  • Nutritional supplements
  • Meditation classes
  • Non-medical counseling (marital, parental, etc)
  • Annual Park Passes