Inicio >  Blossary: Retirement  >  Term: lifelong learning plan
lifelong learning plan

Adopted by Canadian authorities, this plan allows individuals to make tax-free withdrawals from their retirement accounts up to a total of $20,000 in maximum increments of $10,000 per year. The money is intended to be used for the individual's or the spouse's education. The money needs to be paid back to the fund within a certain amount of time.

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  • Parte del discurso: noun
  • Industria/ámbito: Banca
  • Categoría: Ahorros

Retirement

Categoría: Other

Cantidad total de términos: 23

Creador

  • zzcgood
  • (Wuhan, China)

  •  (Bronze) 128 puntos
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