Update your skills or get a fresh new start
With the LLP, going back to school costs less!
By choosing the LLP, you can finance your studies with a tax-free vehicle and set your sights on a truly fulfilling career.
A well-organized back-to-school initiative
Going back to school requires good financial planning. These are the moments when the additional 30% in tax savings* you get with the Fonds benefit you most.
Several good reasons can motivate a career change. No matter what your reason is, your choice of career must reflect what you really want to do. What are you interested in? What are you passionate about? The answers to these questions will help you determine the type of training that suits you best!
If you’re looking for a good source of information, the Emploi-Avenir Québec website offers a host of valuable information on various topics.
Did you know you can use your RRSP+ to help you go back to school? Once you’ve chosen the type of training you want to take, check out the list of accreditedAttention, ce lien ouvrira un nouvel onglet. or certifiedAttention, ce lien ouvrira un nouvel onglet. educational institutions that allow you to withdraw funds from your RRSP+.
How much can you withdraw?
With the RRSP+, you can withdraw up to $10,000 for three to six months of full-time studies, and up to a maximum of $20,000 for full-time studies that last six months or longer.
Note that in order to be eligible to withdraw funds from your RRSP, while respecting the authorized withdrawal amounts limits, you must have held shares with the Fonds for more than two years.
The Lifelong Learning Plan (LLP) allows you to withdraw funds from your RRSP to finance full-time training or education for you or your spouse or common-law partner., without having to pay tax.
As with the HBP, the LLP functions like a no-interest loan you make to yourself. You must pay back the amount over a period of ten years at a minimum of 10% of the amount withdrawn per year.
The RRSP+ helps you get more studying done.
Make your projects a reality
Enjoy additional tax savings
Focus on flexibility
The Fonds is us, together, as a whole
Most Frequently Asked Questions
Interested in the LLP?
Contact Shareholder Services to get all the documentation you need and have your file assessed.