The presidential hopeful's plan would affect millions of family caregivers.
This week Democratic presidential candidate Hillary Clinton has proposed a new tax break for those caring for elderly or disabled family members.
She will also propose expanding Social Security benefits for caregivers, saying many see their benefits reduced when they must take time off from work to care for ailing relatives.
"As baby boomers age, more and more families will need to provide care for or will need care from loved ones. Many family members, most often spouses and adult daughters, spend time out of the workforce, cut back on hours, or use personal days, vacation, and family time to provide needed care” - The Clinton campaign
Under her proposal, family caregivers with a combined household income under $120,000 could claim up to $1,200 in tax credits per year.
As part of the plan, family caregivers would also be able to accrue Social Security benefits for caregiving while outside of the paid workforce.
“No one should face meager Social Security checks because they took on the vital role of caregiver for part of their career,” - Clinton campaign fact sheet
Additional articles relating to this exciting and forward looking proposal by the candidate can be viewed at these links:
Good news as the political conversation turns its attention to the millions of family caregivers in the U.S. !