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Social Security Caregiver Credit: Recognizing Unpaid Family Caregivers' Work

This bill aims to improve future retirement benefits for individuals who provide unpaid care to family members. It allows time spent caring for children or dependent adults to count towards Social Security work credits, potentially increasing their future Social Security payments. This provides crucial support for those who dedicate their time to caregiving, often at the expense of their own earnings.
Key points
Family caregivers can receive "deemed wages" for up to five years of unpaid care for dependent relatives, boosting their future Social Security benefits.
The bill covers care for children under 12 or chronically dependent individuals (e.g., elderly, ill, disabled) who need daily assistance with basic activities.
To qualify, individuals must apply and provide documentation, including a physician's statement for chronically dependent relatives, to verify the dependent's status.
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Additional Information
Social Security Caregiver Credit Act of 2023
Print number: HR 3729
Sponsor: Rep. Schneider, Bradley Scott [D-IL-10]
Process start date: 2023-05-25