Vivek Murthy is a Life-Long Learning Plan (LLLP) participant who withdrew $6,000 from his Registered Retirement Savings

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Vivek Murthy is a Life-Long Learning Plan (LLLP) participant who withdrew $6,000 from his Registered Retirement Savings Plan (RRSP) in 2019 (during his 1st year of college) and withdrew another $6,000 in 2020 (during his 2nd year of college). So, with a current total balance of $12,000 in his LLLP account.

What is the maximum amount of an LLLP withdrawal in 2021 during his 3rd year of full-time attendance at college?

Related Book For answer-question

Investments

ISBN: 9781259271939

9th Canadian Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian

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Posted Date: Jun 16, 2023 12:07 AM

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Vivek Murthy is a Life-Long Learning Plan (LLLP) participant who withdrew $6,000 from his Registered Retirement Savings

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Investments

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