RRSP, RRIF & Other Deferred Pension Funds

Many people have a lot of their wealth invested in RRSPs, RRIFs and other deferred pension plans. 

These funds typically pass on tax free to a surviving spouse. However, when the surviving spouse dies, any money still in the funds becomes 100% taxable on the final tax return. 

An individual can avoid this tax by donating the funds to a charity such as the Stollery Children’s Hospital Foundation by naming the Foundation as the beneficiary of the remaining deferred pension funds or by gifting a similar amount to the Foundation in your will. 

If you would like more information on making a gift of deferred pension funds, please contact:

Sue McCoy
Director of Development
Stollery Children's Hospital Foundation

Email:  sue.mccoy@stollerykids.com
Direct:  (780) 431-4605