PHIT ACT

U.S. Capitol Building

PHIT Act Falls Short Again in Blow to American Fitness Industry

A provision that would've allowed fitness purchases to qualify as tax-free healthcare expenses wasn't included in the Senate-passed version of President Trump's tax bill.

interior a gym filled with equipment

As Senate Tosses PHIT Act, HFA Calls for Fitness Industry Action

The Senate has effectively removed the PHIT Act from the tax bill moving through Congress, a major blow to the American fitness industry.

US Capitol building at sunset

PHIT Act Gets Major Boost as House Passes Trump Tax Bill

The Health & Fitness Association says the bill marks a “significant milestone for the fitness industry” in its quest to pass the PHIT Act.

fitness industry leaders pose for a photo on the steps at Capitol Hill

Fitness Industry Comes Together in DC Amid ‘Best Shot’ at PHIT Act Passage

Fitness industry leaders showed up to Washington, D.C., in bigger numbers than ever before to push for passage of the PHIT Act.

people at the gym working out

Truemed, ABC Fitness Team To Bring HSA/FSA Savings to Millions

ABC Fitness and Truemed have partnered to unlock healthcare funds for tens of thousands of Americans at nearly 10,000 gyms.

Truemed co-founder Justin Mares

CEO Corner: Truemed’s Justin Mares on HSA/FSA Funds in Fitness

Truemed is helping pioneer the fitness-as-healthcare movement, partnering with brands including Peloton, CorePower Yoga and Anytime Fitness.

a man looking inside of an empty wallet

Affordability Challenges Loom Over Americans’ Fitness Ambitions

Nearly one-third of Americans say financial woes may prevent their fitness and health ambitions this year, as HFA advocates for solutions.