The disclosure discloses a method and a device for managing Internet Protocol (IP) offload connection. The method comprises the steps of: determining that a target Mobility Management Entity (MME) supports IP offload or identifies information of two Serving Gateways (S-GWs); the target MME receiving IP offload connection information from an source MME; the target MME processing the IP offload connection according to the IP offload connection information, wherein the process comprises one of the following: establishing, updating and activating the IP offload connection. With the disclosure, the experience of the user is enhanced in the wireless communication system.