christian education foundation

Gift of RRSP

Your retirement strategy should consider what happens to your RRSP or RRIF when you pass away. For many donors, an RRSP or RRIF plan will contribute significantly to income in the year of death. The tax liability resulting from this disposition will be borne by your estate on your final income tax return. It may make good sense to gift assets like these directly to charity through a beneficiary designation or a bequest gift in one's will.

Click here for a detailed fact sheet from Christian Stewardship Services.