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Lifelong Learning Accounts

About

The Lifelong Learning Account (LiLA) Program provides an exciting new pathway for employer and employee to work together to increase access to education, training and skill development.  Employees open individual investment accounts and employers match their contributions up to an established cap.  Advising services are available for free to assist with education and career planning.

Maine LiLA Employers

Strong Statewide LiLA Partnership in Maine
Maine is the first state in the nation to launch a statewide LiLA demonstration.  The Maine LiLA Program’s vision is to scale across Maine and potentially replicate countrywide.  The LiLA Partnership in Maine was inspired by CAEL, the Council for Adult and Experiential Learning, in Chicago.  The Maine LiLA initiative is modeled after the successful LiLA demonstration projects in Chicago, Northeast Indiana and San Francisco.

Key partners:

  • Maine Department of Labor – Provides oversight, growth and sustainability as well as program development and delivery.
  • Maine CareerCenters – Provide outreach and enrollment for employers and employees.
  • Maine Centers for Women, Work and Community (MCWWC) – Provides career and education advising services to employees and assists them in developing Individual Learning Plans.
  • Finance Authority of Maine (FAME) – Provides the funding vehicle for LiLA in the form of a NextGen Account (529 account).  Also provides an initial $200 NextGen matching grant and subsequent annual grants of up to $200 for income eligible Maine residents.

Other LiLA Partners:

 

Benefits for Business

Benefits for Workers

LiLA Partners

CareerCenter Logo

FAME Logo

Women Work and Community

CAEL Logo