 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
3 h6 W% d0 Z1 R6 Y+ }- E; `Use this guide if you want information about participating - i, [( G2 ]5 z; j3 ]+ F. W( s
in the Lifelong Learning Plan (LLP). & S. |# k) W& J; S# E) G
The LLP allows you to withdraw amounts from your
! N. E) Z& ]; K% k, A- j% c8 }" Rregistered retirement savings plans (RRSPs) to finance ' L$ u9 Q& z2 s ]* @0 w
training or education for you or your spouse or % ?+ ]' H" V0 Q& T B
common-law partner. You do not have to include the ; ^+ l" s' t! t6 p9 C! q1 H6 i
withdrawn amounts in your income, and the RRSP issuer
6 h& \" L; f& S5 G5 c" ~will not withhold tax on these amounts. , f' q5 h, c4 m
You have to repay these withdrawals to your RRSPs over a
+ q7 _6 K4 @, t5 x4 Qperiod of no more than 10 years. Any amount that you do
8 d* e* J, D" R' j [6 hnot repay when it is due will be included in your income
7 e1 u$ Q3 `& q& w# Q/ Gfor the year it was due. |
|