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Main Subject: Taxation

Expanding Access to Retirement Savings for Caregivers Act

This bill allows an individual to make annual catch-up contributions to a retirement account before reaching age 50 if the individual leaves the workforce to provide dependent care services.

Specifically, the individual must have been unemployed, and have had no earned income, as a result of providing care to (1) a dependent under the age of 13, or (2) a spouse physically or mentally incapable of self-care.

House floor actions Actions

IntroReferral
Dec. 13 2023	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Dec. 13 2023	Introduced in House Introduced in House

House bill HR6772-118

Expanding Access to Retirement Savings for Caregivers Act

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