Saving for your retirement is an essential component of a complete financial plan. Make your savings count by investing in the future of the University of Waterloo. Any asset – such as a registered retirement savings plan (RRSP), a registered retirement income fund (RRIF) or a Tax-Free Savings Account (TFSA) – that has a named beneficiary can be gifted directly to the University of Waterloo.
Benefits of planned gifts of RRSPs and RRIFs
- Your estate receives a tax receipt for the value of the fund, offsetting taxes owing on the proceeds.
- Gifts of RRSPs, RRIFs and TFSAs remain outside your will, so they are not subject to probate fees.
- They are simple to arrange through a change in beneficiary or alternative beneficiary status.
The information within these pages does not constitute legal or financial advice. We strongly encourage you to seek professional legal and/or financial advice for your particular situation.
For more information on how you can establish your legacy gift to support Waterloo’s future, contact our Planned Giving team at 519-888-4567 ext. 41879 or plannedgiving@uwaterloo.ca