Improving Retirement Security for Family Caregivers Act of 2026

This bill amends the Internal Revenue Code to permit certain unpaid family caregivers to contribute to a Roth IRA , addressing a gap in retirement savings for those with limited or no earned income. It establishes a new category of "qualified family caregivers" eligible for this benefit. To qualify, an individual must provide 500 or more hours of unpaid care annually for a child or an adult with special needs, including elderly individuals, while simultaneously engaging in fewer than 500 hours of paid employment. The caregiver must also be unemployed or severely underemployed, as determined by the Secretary. This provision, effective for taxable years beginning after December 31, 2025, aims to improve the long-term financial stability of individuals dedicating significant time to caregiving.