# Cancel a savings plan & savings plan execution

## Prerequisites

- Before you can delete a savings plan, you must create one. See ["Create a savings plan"](/products/tol/guides/saving_plans/saving_plans_create) for details.


## Cancel a savings plan

To cancel a savings plan, make the following request:

**DELETE** [`/savings_plans/{savings_plan_id}`](/api/savings-plans/delete_savings_plan)

Cancelling a savings plan will automatically delete any executions that can be cancelled. Executions that can no longer be cancelled will execute as normal, but no new executions will be created afterwards.

## Cancel a savings plan execution

If you cancel a savings plan execution (identified by its ID), a new execution is always created according to the savings plan schedule, with the date determined by the configuration of the plan.

A new execution won't be created if the savings plan itself is cancelled.

To delete a savings plan execution, make the following request:

**DELETE** [`/savings_plans/{savings_plan_id}/executions/{savings_plan_execution_id}`](/api/savings-plans/delete_savings_plan_execution)