Lifelong Learning Plan (LLP)

The Lifelong Learning Plan (LLP) allows individuals to withdraw funds from their Registered Retirement Savings Plan (RRSP) to finance training or education for themselves or their spouse or common-law partner.

Delivered by: Canada Revenue Agency (CRA)

Eligibility Information

Participants must meet the following criteria:

  • complete and send an income tax return every year until they have repaid all of their LLP withdrawals or included them in their income
  • enrol full-time in a qualifying educational program at a designated educational institution
    OR
  • be a person with a disability enrolled in part-time training or education

Other criteria may apply.

Dates and Deadlines

  • Participants must start repaying their LLP withdrawals either during the second tax year in which they no longer attend school on a full-time basis, or five years after the first withdrawal, whichever comes first.
  • Amounts withdrawn must be repaid within 10 years.

Contact Information

Related Information

The Lifelong Learning Plan allows you to withdraw up to $10,000 in a calendar year from your registered retirement savings plans (RRSPs) to finance full-time training or education for you, 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. As long as you meet the LLP conditions every year, you can withdraw amounts from your RRSPs until January of the fourth year after the year you make yourfirst LLP withdrawal. You cannot withdraw more than $20,000 in total.