Saturday, June 02, 2007

What is the Social Security Caregiver Credit Act of 2007 you ask?

It is a bill that is currently in the House Committee on Ways and Means. The bill seeks to amend title II of the Social Security Act so that it would allow for the act to credit prospectively individuals serving as caregivers of dependent relatives with deemed wages for up to five years of such service.

That means that a person could get social security points as if they worked, even though they are not getting paid anything for the work they do.

It's a small step, but a step I think is important for the eventual retirement of so many caregivers.

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