 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you? # c1 v6 `% r5 l8 v
Use this guide if you want information about participating
9 a" E% Y% P+ `) [1 I: ~in the Lifelong Learning Plan (LLP). 3 Q! U5 H1 J2 M& u A% `
The LLP allows you to withdraw amounts from your ) ^: i7 q. v- E% B
registered retirement savings plans (RRSPs) to finance
! L A {; c0 S* D5 V, Y p6 Gtraining or education for you or your spouse or 7 W5 z5 o) O3 t" k
common-law partner. You do not have to include the
4 U+ s, e0 v1 Rwithdrawn amounts in your income, and the RRSP issuer + }! w6 J8 u% v! ?5 C, \$ a
will not withhold tax on these amounts. `4 I- R. K% t% m
You have to repay these withdrawals to your RRSPs over a
# X! L- r# R9 q. v" i+ |% uperiod of no more than 10 years. Any amount that you do
9 V' `4 _! y. ], m. l8 Tnot repay when it is due will be included in your income 3 o: N. _1 h% h, E/ e; m
for the year it was due. |
|