AARP: Spectrum of Financial Supports for Family Caregivers
Details the financial impact of caregiving. Report proposes state and
federal policies to address caregivers’ economic challenges.
Recommendations are summarized below.
Details the financial impact of caregiving. Report proposes state and
federal policies to address caregivers’ economic challenges.
Recommendations are summarized below.
This report explores disparities in unpaid care and the inequities in the
paid labor force. It focuses on the disproportionate challenges women
of color face in both paid and unpaid labor.
This bill waives the 10% tax on early distributions from qualified
retirement plans and employer-sponsored savings plans that meet specific tax requirements, if the withdrawal is used to pay expenses for
family caregiving.
This bill gives a federal income tax credit for taxpayers with expenses
caring for an older adult parent or household member. Covered
expenses include medical care, adult day care, respite care, personal
care, assistive technology, home modifications, and caregiver training.
This bill allows qualified family caregivers of any age who are temporarily underemployed or unemployed due to caregiving responsibilities to make catch-up contributions to a retirement account for up to five years.
The bill amends the Older Americans Act of 1965 to provide grants to eligible entities to train and support families and unpaid caregivers of people living with Alzheimer’s disease or a related dementia.
The bill authorizes the Secretary of the Department of Health and Human Services (HHS) to establish the Caregiver Skills Training Pilot Program.
Improves caregiver access to information on Medicare and on the beneficiary authorization process.
Ensure that essential caregivers of residents of Medicare and Medicaid-funded facilities maintain access to residents during designated emergency periods when visitation is otherwise restricted.
This report draws on caregiver surveys, focus groups, and expert interviews to illustrate the emotional, financial, and logistical burdens faced by family caregivers of Medicare beneficiaries.