Legacy Giving - Other Legacy Gifts - RRSPs/RRIFs
Gift of Retirement Plan Savings (RRSPs/RRIFs)
Making a gift of your retirement plan savings – RRSPs (Registered Retirement Savings Plans) or RRIFs (Registered Retirement Income Funds) – can help to reduce the taxes on your estate and protect its value for your heirs. It also enables you to make a significant impact on the work of the Health Sciences Centre Foundation.
If you are not survived by a spouse and you have no dependent children or have already made arrangements for your dependent children, leftover retirement funds can make an excellent charitable gift because the resulting tax credit will help to make up for the taxes otherwise payable on the transfer or distribution.
Learn more about gifts of RRSPs and RRIFs.
For more information please contact us. We'd be happy to help you leave your legacy through the HSC Foundation.
Disclaimer: This material provides general information and is not intended to constitute or replace specific professional advice. Donors considering a legacy gift should speak to an advisor with appropriate tax and other expertise to implement a strategy that achieves their objectives.