1. What are LiLAs? Lifelong Learning Accounts (LiLAs) are individual asset accounts to finance lifelong learning so that workers can upgrade their skills and knowledge to achieve their career goals. The vision is for any individual worker to contribute to these accounts and be matched by employers and, in some cases, third parties.

2. Who Pays for Adult Learning? Informal Analysis by Ford Foundation

3. LiLA Components Include: Universal LiLA eligibility Employer Based Portable Contributions from Individuals, Employers and, potentially, Third Parties Voluntary Participation Informed Choice

4. Sample Uses ESL Nursing Culinary Arts Electronics Management Accounting Computers Quality Assurance

5. CAEL’s Policy Strategy Proposal for a federal LiLA demonstration State level policy Constituency building

6. Proposed Federal LiLA Demonstration Key Recommendations: Use tax credits as third-party financing mechanism for a national system of LiLAs Serve up to 200,000 individual workers in 10 states Build in a larger tax incentive to workers earning $75,000 or less Through corporate tax credits, encourage employers of all sizes to match individual contributions, including non-profits Provide technical assistance to participating companies and advising to individual LiLA holders Test the LiLA model at a much larger scale

7. State Policy Target two or three key states for LiLA program Build state-based support for federal demonstration

8. National LiLA Project Sponsors Ford Foundation Annie E. Casey Foundation Bank of America Foundation Chicago Community Trust City of Fort Wayne Olive B. Cole Foundation Evelyn and Walter Haas, Jr. Fund Walter and Elise Haas Fund Friedman Family Foundation Richard and Rhoda Goldman Fund Grand Victoria Foundation Hewlett Foundation Indiana Department of Workforce Development Indiana Northeast Development Levi Strauss Foundation Lincoln Financial Group Foundation, Inc. Noble County Community Foundation, Inc. Northeast Indiana Workforce Investment Board (in-kind contributions) Polk Bros. Foundation San Francisco Foundation Steuben County Community Foundation