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How do I withdraw for the Lifelong Learning Plan (LLP) from my TD Direct Investing RSP?
To withdraw for the Lifelong Learning Plan (LLP) from your TD Direct Investing Retirement Savings Plan (RSP), please follow these steps:
1. Complete the Lifelong Learning Plan form.
2. Provide a signed Letter of Direction with instructions to confirm where the proceeds should be sent to. Choose from any of the following options:
- To a TD Canada Trust bank account (as a deposit)
- To your home address (by cheque)
- To a bank account held at another financial institution (a void cheque is required for this deposit to be made)
- To a TD Direct Investing non-registered account
3. Submit the LLP form and the signed Letter of Direction at your local TD Canada Trust branch or Contact Us.
Note: Please ensure you have sufficient cash available in the Canadian dollar component of the RSP. LLP withdrawals cannot be processed in-kind or in USD cash.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.