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Lifelong Learning Plan (LLP) Includes Form RC96 L / RC4112 (E) Rev. 11 Canada Revenue Agency.CRA.GC.ca Agency Du revenue Du Canaanite: In this publication, the text inserted between square brackets
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The Lifelong Learning Plan (LLP) is a program that allows you to withdraw funds from your RRSP to finance full-time training or education for you, your spouse or common-law partner.
Individuals who plan to pursue full-time training or education for themselves, their spouse or common-law partner are required to file the Lifelong Learning Plan (LLP).
To fill out the Lifelong Learning Plan (LLP), you need to complete Form RC96, Lifelong Learning Plan (LLP) Request to Withdraw Funds from an RRSP, and submit it to the Canada Revenue Agency (CRA).
The purpose of the Lifelong Learning Plan (LLP) is to help individuals finance their full-time training or education by allowing them to withdraw funds from their RRSP without tax penalties.
The Lifelong Learning Plan (LLP) requires you to report details such as the amount you plan to withdraw from your RRSP, the educational institution you will be attending, and the duration of your program.
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