{"id":2031,"date":"2022-06-29T19:40:33","date_gmt":"2022-06-29T19:40:33","guid":{"rendered":"https:\/\/sprott.carleton.ca\/exec-ed\/?post_type=cu_description&#038;p=2031"},"modified":"2025-06-26T12:10:19","modified_gmt":"2025-06-26T16:10:19","slug":"lifelong-learning-plan","status":"publish","type":"cu_description","link":"https:\/\/sprott.carleton.ca\/exec-ed\/description\/lifelong-learning-plan\/","title":{"rendered":"Lifelong Learning Plan"},"content":{"rendered":"\n\n\n<h2 id=\"lifelong-learning-plan-llp\" class=\"wp-block-heading\">Lifelong Learning Plan (LLP)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">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&nbsp;full-time&nbsp;training or education for you or your&nbsp;spouse&nbsp;or&nbsp;common-law partner. You cannot participate in the LLP to finance your children\u2019s training or education, or the training or education of your spouse\u2019s or&nbsp;common-law&nbsp;partner\u2019s children.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/individuals\/topics\/rrsps-related-plans\/lifelong-learning-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Learn More<\/a><\/p>\n","protected":false},"author":2,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"cu_description_type":[],"class_list":["post-2031","cu_description","type-cu_description","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lifelong Learning Plan - Executive Education<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sprott.carleton.ca\/exec-ed\/description\/lifelong-learning-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lifelong Learning Plan - Executive Education\" \/>\n<meta property=\"og:description\" content=\"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&nbsp;full-time&nbsp;training or education for you or your&nbsp;spouse&nbsp;or&nbsp;common-law partner. 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