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NAIFA Supports Legislation to Ease the Financial Burden on Caregivers

By NAIFA-Texas on 4/14/25 8:50 AM

INFORMATION PUBLISHED ON AT.NAIFA.ORG

Family caregivers provide $600 billion in unpaid care each year, often impacting their own career opportunities or their families’ financial security. To help them cope with this burden, NAIFA strongly supports the bipartisan Credit for Caring Act, which would provide a $5,000 tax credit to offset out-of-pocket costs associated with home caregiving. These may include the cost of home modifications, health aides, adult daycare, medicines, transportation, and other support services.

Topics: Long-Term Care #NAIFAProud Legislation & Regulations Supported Legislation NAIFA Texas NAIFA

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