Improving Retirement Security for Family Caregivers Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4292 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4292 To amend the Internal Revenue Code of 1986 to allow certain family caregivers to contribute to a Roth IRA. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 14, 2026 Ms. Collins (for herself and Mr. Warner) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow certain family caregivers to contribute to a Roth IRA. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Improving Retirement Security for Family Caregivers Act of 2026''. SEC. 2. ROTH IRA CONTRIBUTIONS FOR CERTAIN FAMILY CAREGIVERS. (a) In General.--Subsection (c) of section 408A of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(7) Special rule for roth ira contributions…