RRSPs and RRIFs

Making a charitable gift of a Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) is simple. Donors can make a donation of all or a portion of any remaining retirement funds upon their death by naming a charity as a beneficiary on their plan.

Benefits to you:

• This type of donation will result in your estate receiving a charitable tax receipt, from which the resulting tax credit will normally offset the tax due as a result of the distribution.
• Gifts of retirement funds are outside your estate, hence no probate.
• The comfort of knowing that the Alberta Children’s Hospital Foundation will receive your gift quickly.