I have a Locked-In RRSP. Can I make an LLP withdrawal?

No. A Locked-In RRSP does not qualify for the LLP. But your Locked-In RRSP may qualify for a partial transfer to a regular RRSP. Beginning in March of 2008, the pension regulations were amended to allow a one-time 50% unlocking of Locked-In RSPs. This might allow 50% of your Locked-In RSP assets to be transferred into a regular RRSP that would, in turn, qualify under the LLP rules.

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