Family caregivers are heroes – the assistance they provide to their family and friends is invaluable. They often sacrifice a lot – from their careers to their social lives – to ensure their loved ones get the attention and care they deserve. That can make it pretty difficult to invest in future retirement and financial security.
That’s why I just cosponsored the Improving Retirement Security for Family Caregivers Act, which will allow qualified family caregivers to contribute to a Roth IRA, helping them build financial security for their future while continuing to provide vital care for their loved ones. This bill helps recognize the crucial, often overlooked role that caregivers play – and allows them to continue their work while securing their future.
Bottom Line: I’ll keep fighting to ensure our caregivers and those who need care get the support they need.