Pipeline · Bill → Law
Step 1
Introduced
Sep 23, 2024
Step 2
Referred
Sep 23, 2024
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Sep 23, 2024
Introduced in House
Sep 23, 2024
Referred to the House Committee on Ways and Means.