Is this guide for you? 8 b! F! o0 y8 JUse this guide if you want information about participating 4 x( C' Y, O8 I* y8 u1 k$ Q1 }, b: win the Lifelong Learning Plan (LLP). 8 W1 ?/ T' m5 J }4 Y5 mThe LLP allows you to withdraw amounts from your 8 G6 R! X& P) m" xregistered retirement savings plans (RRSPs) to finance ; T1 \% t$ Z& O
training or education for you or your spouse or & e% M4 m1 g9 \; v0 k* P7 n
common-law partner. You do not have to include the 8 N! z! q8 \! K" T: U) cwithdrawn amounts in your income, and the RRSP issuer 4 f! R2 q* q" p% p
will not withhold tax on these amounts. 1 r% c2 k* V! z* TYou have to repay these withdrawals to your RRSPs over a " x9 h# M+ }9 `$ ^& K
period of no more than 10 years. Any amount that you do 6 E# k; E3 y) `" \3 i wnot repay when it is due will be included in your income / F* G0 @- R9 c, c* k$ cfor the year it was due.