Follow
Share

If you must stop working to stay home to be a caregiver.

This question has been closed for answers. Ask a New Question.
Find Care & Housing
Go up to the Money and Legal tab and click on Paying for Care.
Helpful Answer (1)
Report

Shatter1... Yes there IS a way to get paid when you care for your mother. In fact there are several ways you can get paid, depending on various factors.

Most caregivers do not know this.

Yes, what I am saying is absolutely true. Sad that so many caregivers out there don't know this. Camille
Helpful Answer (1)
Report

Shatter, vast majority of grown children do not get paid for taking care of a parent, unless the parent has enough money to pay you. Then you would need to draw up an employment contract staying how many hours per week, what will be done, and the hourly rate... plus you would need to pay quarterly estimated income taxes.

Whatever you do, try not to quit your job. I have seen way too many posters on here say they wished they had never left their jobs.
Helpful Answer (0)
Report

Shatter1, here's something else to think about before quitting work.... on average if a working person quits work he/she will lose over the years between $285,000 and $325,000 which includes not only loss of salary over those years... it also includes the net worth loss of the health insurance coverage.... loss of money being put into Social Security/Medicare..... loss of other benefits such as matching 401(k).... profit sharing.... workman's comp insurance.... company sponsored life insurance.... vacation pay, sick pay.... tuition assistance, etc. [source: in part Reuters 5/30/12]
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter