The Armory allows for the quick switching between up to 5 (per character) pre-made saved item sets, Kanai's Cube powers and skill loadouts. The items must still be present in the inventory or stash, but when switching gear, current items can be sent to stash.
Up to five loadouts per character can be stored. Each set can be named for ease of reference, and displays the attire, skills, and Cube choices when the eye icon is clicked to preview.
Paragon points aren't saved.