Lifelong Learning Plan (LLP)
The Lifelong Learning Plan (LLP) allows you to withdraw up to $10,000 in a calendar year from your registered retirement savings plan (RRSPs) to finance full-time training or education for you or your spouse or common-law partner. You cannot participate in the LLP to finance your children's training or education, or the training or education of your spouse's or common-law partner's children.
Topics
- Who can participate in the LLP?
Conditions to meet before you can withdraw funds from your RRSP - How to participate in the LLP
Withdrawing from your RRSP and limits - Repayments to your RRSP under the LLP
How to repay, what if you can't make your payment, special circumstances - Cancelling your LLP withdrawal
Not enrolled, left the program, or became a non-resident, due date - You become a non-resident
Implications for LLP participants who live outside of Canada - Special circumstances
Death, non-resident, turning 71 years old, abandoned school - Important dates
When a student must have received an offer to enroll - How to view your LLP account balance – Use MyCRA mobile application or go online to My Account
Use one of our online services for direct access to your LLP account balance
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