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The WEAR IT Act amends the Internal Revenue Code to allow certain wearable devices to be purchased using health savings accounts (HSAs), Archer Medical Savings Accounts (MSAs), health flexible spending arrangements, and health reimbursement arrangements. The bill defines eligible wearable devices as those worn on the body that collect physiological data or assist in diagnosing or treating health conditions, with a $375 annual limit per account type. The changes take effect for amounts paid or expenses incurred after December 31, 2025.
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