Skills Investment Act of 2025

This bill would change the tax code to encourage employers to help pay for their workers’ learning and job training. Employers could get a 25% tax credit for money they put into a “Coverdell lifelong learning account” for an employee. The money has to be extra from the employer, not taken from the worker’s paycheck.

Key points

• Who is affected: Employers and their employees.
• What changes: A new 25% tax credit for employer contributions to an employee’s Coverdell lifelong learning account; only “nonelective” (employer-paid, not salary-reduction) contributions qualify.
• Why it matters: Aims to support workers’ skills and career development through ongoing education.