Is this guide for you? 6 c* _: `( ?* E: g+ o
Use this guide if you want information about participating ) J/ K7 m) W0 k# H, I& Q6 T
in the Lifelong Learning Plan (LLP). 7 s' R! l' g1 f6 U3 y
The LLP allows you to withdraw amounts from your # N* d8 x5 W! P8 v: Fregistered retirement savings plans (RRSPs) to finance 9 O" ^: X. x" k' Utraining or education for you or your spouse or # \: u8 P: R4 e. H4 Q. _ s/ T6 hcommon-law partner. You do not have to include the 5 D+ y8 R% O0 }: ]- qwithdrawn amounts in your income, and the RRSP issuer : J% }4 d/ {9 b4 s- dwill not withhold tax on these amounts. 5 U% N$ [ @, ^: [5 ^: XYou have to repay these withdrawals to your RRSPs over a # K( N$ L, k j$ a# q) j; Z! \
period of no more than 10 years. Any amount that you do 4 |+ s3 x$ W% n7 I' w! X. Jnot repay when it is due will be included in your income % V' p0 G$ [3 ^. N
for the year it was due.