A Gift of Retirement Plan Accumulations

Gifts of registered retirement plans (RRSPs, RRIFs) can be made to the Church upon death. Assuming the entire contribution can be used, the tax credit may be used to offset the tax payable on the proceeds. You may wish to consider including your parish, the Archdiocese or a Catholic school as a contingent beneficiary in case your spouse or other family members predecease you.