 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
; O2 D9 x% ^0 z! k: L- zUse this guide if you want information about participating , ~4 Q' L; g/ S2 j. g
in the Lifelong Learning Plan (LLP). 6 d) a$ I& N Z7 B2 k5 |
The LLP allows you to withdraw amounts from your
. J% ?$ R3 P2 ]registered retirement savings plans (RRSPs) to finance 9 W0 t9 ?$ `; E: R# P! L- b' s
training or education for you or your spouse or
1 }" a5 N+ [9 @6 r" ^, G$ ncommon-law partner. You do not have to include the 9 y, m8 @& m" E+ ~' J, t5 o* h
withdrawn amounts in your income, and the RRSP issuer
7 x6 m& w' g+ u% b bwill not withhold tax on these amounts.
; C7 i3 N# {6 ~3 g, W* w- z+ WYou have to repay these withdrawals to your RRSPs over a
" {- b! G! U+ ]4 U$ m! t* }period of no more than 10 years. Any amount that you do
8 V6 W/ L% m/ G8 }7 d1 ~. ?8 W/ j; enot repay when it is due will be included in your income
p9 B6 j* U1 ~* A1 s. a7 {" qfor the year it was due. |
|