National Legislation for a New Age of Lifetime Learning:
Tax Deferred Lifelong Learning and Training Accounts
Propelled by a new wave of integrative digital technological innovations that are transforming how people live, work, and interact, the U.S. economy is posed to enter a Fourth Industrial Revolution (i.e., Industry 4.0) (Schultz, 2019). The digital innovations during Industry 4.0 are expected to severely disrupt the U.S. workforce, require workers to continuously upgrade theirskills, and usher in a new age of lifetime learning. However, a system of financing access to quality education and training programming is needed to assure equitable access for those unable to afford it(i.e., middle and lower-income workers). National legislation creating Tax Deferred Lifelong Learning and Training Accounts (LLTAs) should be supported by adult educators as a national response to the educational and training related challenges presented by Industry 4.0.