Is this guide for you? 4 j2 k1 P5 J* [; D5 o* t$ Z
Use this guide if you want information about participating ; @6 C' r, W) G" Yin the Lifelong Learning Plan (LLP). ' F- ~' I8 ^3 B' U- @" p5 S& D" a
The LLP allows you to withdraw amounts from your 9 ]) Q4 D5 L E# X
registered retirement savings plans (RRSPs) to finance 5 X9 P. W) ^& }7 K! c- wtraining or education for you or your spouse or 8 |3 A5 z( c5 |+ B% f( f0 lcommon-law partner. You do not have to include the ( L0 F% n0 a7 P! f/ G4 e0 y
withdrawn amounts in your income, and the RRSP issuer 8 y/ F0 P6 ?6 hwill not withhold tax on these amounts. # Z3 Q* F' @0 D- E. IYou have to repay these withdrawals to your RRSPs over a : f9 E8 I ?/ b% Rperiod of no more than 10 years. Any amount that you do 2 P2 h$ y u3 T" e; W1 qnot repay when it is due will be included in your income 0 _( |8 L& ` P; E! k3 F2 }for the year it was due.