The Caring for Caregivers Act will give eligible family caregivers a tax credit of up to $2,000 a year starting in the 2024 tax year or up to $3,000 a year if the person being cared for is a veteran or has a dementia-related diagnosis.
More than 10,000 private-sector workers have enrolled in Maine’s state-facilitated retirement savings program since it launched statewide a year ago. Combined, those workers have saved more than $8 million, according to state data.