Catching Up Family Caregivers Act of 2026

This bill allows unpaid family caregivers to make additional retirement contributions to their Individual Retirement Accounts (IRAs) without being subject to the usual age restrictions. To qualify, an individual must provide at least 500 hours of unpaid care for a child or an adult with special needs while working fewer than 500 hours of paid employment in the same year. The law defines caregiving tasks to include daily activities like bathing, medication management, and transportation, and permits employers to accept a caregiver's written statement as proof of their status. These changes would take effect for retirement years beginning after December 31, 2026, helping family members who dedicate significant time to caring for relatives save for retirement.