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 CIBC Private Wealth, Wood Gundy  CIBC Private Wealth, Wood Gundy

The Geissler Financial Group

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Lifelong learning plan

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Lifelong learning plan

Allows you to withdraw amounts from your 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 be met 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 participation in the LLP

Not enrolled, left the program or became a non-resident, due date

You become a non-resident

Implications for LLP participants who move outside Canada

Special circumstances

Death, non-resident, turning 71 years old, abandoned school

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 Canadian Investment Regulatory Organization  Canadian Investor Protection Fund

CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.