Since the beginning of Angela Merkel’s chancellorship, German care policy changed considerably. Social policy has gained in prominence and this has affected people with caring responsibilities. Against this background, this paper compares childcare and elderly care policies in terms of gender equality. We focus on policy measures introduced and implemented during the Merkel era and we consider Chancellor Merkel’s role in shaping these policies. Based on interviews with parents of young children as well as male and female elderly carers, our analysis discusses the impacts of Merkel-era care policies on lived experiences. We concentrate on effects on caregivers’ employment status (maintaining, reducing, or leaving gainful employment for caring). Furthermore, we focus on gender equality effects depending on socio-economic status (SES). The comparison of both policy fields shows that gender in/equality and the gendered division of labour are essentially moderated by Merkel’s way of facilitating reconciliation policies. We argue that recent childcare and elderly care policies particularly address middle-class caregivers. In both fields, care policies offer a framework that is used, interpreted, and negotiated differently by individuals, couples, and families, depending on their SES and existing gender norms. Consequently, Merkel-era care policies can reinforce or mitigate gender inequalities.