HR 6772
118th Congress
House
Taxation
Expanding Access to Retirement Savings for Caregivers Act
Introduced: December 13, 2023
Introduced by:
Tenney, Claudia
Republican
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2023
Referred to the House Committee on Ways and Means.
Dec 13, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1