New bills aim to protect retirement savings for family caregivers

News April 20, 2026 at 11:11 AM
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What You Need To Know

  • The Catching Up Family Caregivers Act would allow full-time family caregivers to qualify for up to five additional years of catch-up contributions.
  • The Improving Retirement Security for Family Caregivers Act would allow caregivers to contribute to a Roth IRA, even with no earned income.
  • Family members engaged in caregiving for at least 500 hours and in paid employment for less than 500 hours in a year would qualify.