S. 5149 · 118th Congress
Catching Up Family Caregivers Act of 2024
- Stage
- In committee
- Sponsor
- Susan Collins
- Introduced
- 2024-09-24
- Latest action
- 2024-09-24 · Introduced in Senate
Summary
Catching Up Family Caregivers Act of 2024
This bill allows qualified family caregivers to make catch-up contributions to a retirement account for up to five years. A qualified family caregiver is an unemployed or severely underemployed adult who provides 500 hours or more during one tax year of in-home care, monitoring, management, supervision, or treatment of an adult with special needs or a child.