State:
Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
June 17, 2008
Congress Mulls Lifelong Learning Accounts
The Lifelong Learning Accounts Act of 2008 (H.R. 6036) would establish employer-matched, portable educational accounts that workers could use to finance their education and training, according to Rep. Rahm Emanuel (D-Ill.), who sponsored the bill.

Under the legislation, employers would receive credits for contributions they make to the lifelong learning accounts (LiLAs), he said.

"Right now, we provide 529 accounts for parents that are saving for their children's education and we provide 401(k)s for workers that want to save for their retirement," Emanuel pointed out. "But between the ages of 18-65, you are effectively on your own when it comes to saving for additional education and training."

The bill was referred to the House's Committee on Ways and Means and Committee on Education and Labor.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
Featured Free Resource:
Cost Per Hire Calculator
   
   
 
 
Twitter  Facebook  Linked In
Follow Us
CT-WEB06
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://Compensation.BLR.com
Document URL: http://compensation.blr.com/Compensation-news/Benefits-Leave/Employee-Benefits/Congress-Mulls-Lifelong-Learning-Accounts/