H.R.3078: Expanding Access to Retirement Savings for Caregivers Act

Overview

The Expanding Access to Retirement Savings for Caregivers Act (H.R. 3078) would allow individuals that took at least one year out of the workforce, without receiving an earned income for the purposes of caring for a family member, to make catch-up contributions in years prior to age 50 to their 401(k) plans, individual retirement accounts (IRAs), and other eligible retirement accounts.

Our Stance

Watching

Priority

Medium

Bill Number

H.R.3078

Date Introduced

June 04, 2019

Committee

House Ways and Means Committee

Bill Status

Introduced or Prefiled