Gift of RRSP and RRIF Funds
Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs) and Tax-Free Saving Account (TFSAs.) Many people use tax-deferred instruments such as RRSPs, RRIFs and TFSAs as part of their long-term retirement plan. Once your needs and those of your loved ones have been taken care of, you can donate registered assets such as RRSPs or RRIFs to create a legacy that will benefit Mount Royal and effectively reduce the taxes payable by your estate.
We strongly encourage you to consult your financial and/or legal advisors before arranging a gift of RRSPs, RRIFs, or TFSAs.