Lets unpaid family caregivers save for retirement in a Roth IRA.
This bill would let certain unpaid family caregivers contribute to a Roth IRA, even if they don't have much earned income. Today, these caregivers often can't save for retirement this way because Roth IRA contributions are tied to paid work. This change would help them build retirement savings starting with the 2027 tax year.
Today, people generally need earned income from a job to contribute to a Roth IRA, up to a yearly limit. Unpaid family caregivers with little or no earned income cannot typically contribute to these retirement accounts. If this bill becomes law, qualified family caregivers would be able to contribute to a Roth IRA up to the standard annual limit, regardless of their earned income, starting with tax years beginning after December 31, 2026.
HR 8274 · 119th Congress · April 14, 2026 · AI Summary by gemini-2.5-flash · 10/10
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