The Lifelong Learning Plan (LLP) is a program that allows Canadians to withdraw up to $10,000 in a calendar year from their Registered Retirement Savings Plans (RRSPs) to pay for full-time training or education, up to a maximum of $20,000. The LLP is a tax-friendly way for individuals to finance training or education with funds they’ve already saved for retirement, as long as the amounts are paid…
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