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HR 9765 118th Congress House Taxation

Improving Retirement Security for Family Caregivers Act of 2024

Introduced: September 23, 2024 Introduced by: Pettersen, Brittany Democratic · Colorado See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 2024
Referred to the House Committee on Ways and Means.
Sep 23, 2024
Introduced in House
 Plain-English summary Congressional Research Service

Improving Retirement Security for Family Caregivers Act of 2024

This bill allows qualified family caregivers to contribute up to $7,000 (in 2025) to a Roth IRA (or up to $8,000 (in 2025) for individuals who are age 50 or older). 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.

What's happening now September 23, 2024

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1