HR 3078 · 116th Congress · Taxation

Expanding Access to Retirement Savings for Caregivers Act

Introduced 2019-06-04· Sponsored by Rep. Rouda, Harley [D-CA-48]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-06-04)

Plain Language Summary

[AI summary unavailable — showing source text] 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 cares 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

11 Democrats9 Republicans