Lifelong Learning Plan

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Is this guide for you?
5 s* ~: Y  }- N) }5 ]; z& MUse this guide if you want information about participating
1 K0 P. L! e9 K. pin the Lifelong Learning Plan (LLP).
The LLP allows you to withdraw amounts from your
registered retirement savings plans (RRSPs) to finance
( C/ P8 E/ ]( k2 e6 mtraining or education for you or your spouse or
3 i- {$ N& q% Y* k$ _  bcommon-law partner. You do not have to include the
withdrawn amounts in your income, and the RRSP issuer
will not withhold tax on these amounts.
You have to repay these withdrawals to your RRSPs over a
period of no more than 10 years. Any amount that you do
not repay when it is due will be included in your income
for the year it was due.

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