II 

118TH CONGRESS 

2D SESSION S. 5149 

To amend the Internal Revenue Code of 1986 to allow additional catchup contributions for certain family caregivers. 

IN THE SENATE OF THE UNITED STATES 

SEPTEMBER 24, 2024 

Ms. COLLINS 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 additional catch-up contributions for certain family caregivers. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Catching Up Family 

5 Caregivers Act of 2024’’. 

6 SEC. 2. ADDITIONAL CATCH-UP CONTRIBUTIONS FOR CER7 TAIN FAMILY CAREGIVERS. 

8 (a) IN GENERAL.—Subparagraph (A) of section 

9 414(v)(5) of the Internal Revenue Code of 1986 is amend10 ed— 


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•S 5149 IS

1 (1) by striking ‘‘who would’’ and inserting 

2 ‘‘who— 

3 ‘‘(i) would’’, 

4 (2) by adding ‘‘or’’ at the end, and 

5 (3) by adding at the end the following new 

6 clause: 

7 ‘‘(ii) is a qualified family caregiver as 

8 of the end of the taxable year,’’. 

9 (b) QUALIFIED FAMILY CAREGIVER.—Paragraph (6) 

10 of section 414(v) of the Internal Revenue Code of 1986 

11 is amended by adding at the end the following new sub12 paragraph: 

13 ‘‘(D) QUALIFIED FAMILY CAREGIVER.— 

14 ‘‘(i) IN GENERAL.—The term ‘quali15 fied family caregiver’ means an individual 

16 who has completed 500 or more hours as 

17 a family caregiver during any 1 taxable 

18 year. 

19 ‘‘(ii) LIMITATION.—An individual 

20 shall be treated as a qualified family care21 giver for not more than a total of, consecu22 tively or nonconsecutively, the greater of— 

23 ‘‘(I) 1 taxable year for each tax24 able year during which such individual 


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1 completed 500 or more hours as a 

2 family caregiver, or 

3 ‘‘(II) 5 taxable years. 

4 ‘‘(iii) HOURS.—For purposes of this 

5 subparagraph, the hours during which an 

6 individual was a family caregiver shall be 

7 determined by self-certification. 

8 ‘‘(iv) FAMILY CAREGIVER.—The term 

9 ‘family caregiver’ means an unpaid family 

10 member, a foster parent, or another un11 paid adult, who is unemployed or severely 

12 underemployed (as determined by the Sec13 retary) and who provides in-home care, 

14 monitoring, management, supervision, or 

15 treatment of— 

16 ‘‘(I) a child, or 

17 ‘‘(II) an adult with a special need 

18 (as defined in section 2901 of the 

19 Public Health Service Act), including 

20 an elderly adult who requires care or 

21 supervision due to an age-related con22 dition.’’. 

23 (c) IRA CATCH-UP CONTRIBUTIONS.—Clause (i) of 

24 section 219(b)(5) of the Internal Revenue Code of 1986 

25 is amended by striking ‘‘who has attained the age of 50 


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1 before the close of the taxable year, the deductible 

2 amount’’ and inserting ‘‘who— 

3 ‘‘(I) has attained the age of 50 

4 before the close of the taxable year, or 

5 ‘‘(II) is a qualified family care6 giver (as defined in section 

7 414(v)(6)(D)) as of the close of the 

8 taxable year, 

9 the deductible amount’’. 

10 (d) EFFECTIVE DATE.—The amendments made by 

11 this section shall apply to taxable years beginning after 

12 December 31, 2024. 

Æ 


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