 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you? - r5 O3 y& z' b$ g
Use this guide if you want information about participating
+ v' q) d1 k4 Q' O% @in the Lifelong Learning Plan (LLP).
! N* i, \- A$ F, {) RThe LLP allows you to withdraw amounts from your
+ u; k) {. O+ }registered retirement savings plans (RRSPs) to finance
+ d& \- K, V2 y, e1 z5 i2 c6 xtraining or education for you or your spouse or
. P" P5 ], \4 X" \4 i: o) ncommon-law partner. You do not have to include the
* Z' {( D( u) A7 {9 B$ a+ F0 ywithdrawn amounts in your income, and the RRSP issuer / R- H$ s8 ?1 \& m9 V
will not withhold tax on these amounts. ( z, C( p9 s' S3 s7 N
You have to repay these withdrawals to your RRSPs over a $ d% H& y; F2 d- b- A
period of no more than 10 years. Any amount that you do
7 e# J& j- D3 M. a. B+ m- Q7 fnot repay when it is due will be included in your income
' l# J6 R: F2 Y& ^& \7 ^for the year it was due. |
|