Is this guide for you? 6 S( Z9 x0 x6 c# S/ o6 _* aUse this guide if you want information about participating * s) Z$ J& Q) z) I8 e$ din the Lifelong Learning Plan (LLP). ( \9 ]- D2 L. s' O
The LLP allows you to withdraw amounts from your ) ~2 {- Z" Y4 D8 i# W( b, xregistered retirement savings plans (RRSPs) to finance 6 a$ _8 E# M% u3 ^/ ~0 F- k4 J
training or education for you or your spouse or % g+ C; X: n; k: y- Y! u4 b" Z
common-law partner. You do not have to include the ) O; {5 k9 A9 S5 [- Fwithdrawn amounts in your income, and the RRSP issuer " f \; _6 l9 o& @/ N# `
will not withhold tax on these amounts. ! P6 I: x9 U5 ~& B3 e) W8 Q
You have to repay these withdrawals to your RRSPs over a 6 u- h# q, q% P, aperiod of no more than 10 years. Any amount that you do / q! ~% G1 J3 j
not repay when it is due will be included in your income & C" O! ?3 n3 N# efor the year it was due.