Is this guide for you? 5 c) s% Q5 n3 A; X0 P1 C7 X
Use this guide if you want information about participating * X' m8 q7 |3 U0 A# L
in the Lifelong Learning Plan (LLP). 4 R0 r4 y4 A2 M* [/ ZThe LLP allows you to withdraw amounts from your - B- R/ B+ d+ D& n
registered retirement savings plans (RRSPs) to finance 7 ^7 z6 ?) J0 E" f1 j j4 e
training or education for you or your spouse or 0 {" u& z7 a ?common-law partner. You do not have to include the W4 r L6 Q( `% _
withdrawn amounts in your income, and the RRSP issuer ( l1 N8 @6 E& C. r
will not withhold tax on these amounts. . v8 U- N: O2 F k! NYou have to repay these withdrawals to your RRSPs over a ' Q8 F, Z# D! |8 H& x8 L
period of no more than 10 years. Any amount that you do 3 ^3 u8 j7 c8 R* C% K6 snot repay when it is due will be included in your income 1 I! F: M- X: Y% I9 V- d7 J1 U2 v2 R
for the year it was due.