{"id":352,"date":"2019-12-11T10:24:04","date_gmt":"2019-12-11T15:24:04","guid":{"rendered":"https:\/\/carleton.ca\/planforgood\/?page_id=352"},"modified":"2026-09-02T10:55:30","modified_gmt":"2026-09-02T14:55:30","slug":"donating-retirement-funds","status":"publish","type":"page","link":"https:\/\/carleton.ca\/planforgood\/donating-retirement-funds\/","title":{"rendered":"Donating Retirement Funds"},"content":{"rendered":"\n<section class=\"w-screen px-6 cu-section cu-section--white ml-offset-center md:px-8 lg:px-14\">\n    <div class=\"space-y-6 cu-max-w-child-5xl  md:space-y-10 cu-prose-first-last\">\n\n            <div class=\"cu-textmedia flex flex-col lg:flex-row mx-auto gap-6 md:gap-10 my-6 md:my-12 first:mt-0 max-w-5xl\">\n        <div class=\"justify-start cu-textmedia-content cu-prose-first-last\" style=\"flex: 0 0 100%;\">\n            <header class=\"font-light prose-xl cu-pageheader md:prose-2xl cu-component-updated cu-prose-first-last\">\n                                    <h1 class=\"cu-prose-first-last font-semibold !mt-2 mb-4 md:mb-6 relative after:absolute after:h-px after:bottom-0 after:bg-cu-red after:left-px text-3xl md:text-4xl lg:text-5xl lg:leading-[3.5rem] pb-5 after:w-10 text-cu-black-700 not-prose\">\n                        Donating Retirement Funds\n                    <\/h1>\n                \n                                \n                                    \n\n<p class=\"wp-block-paragraph\">You can reduce or even eliminate tax liabilities on your retirement plan by naming Carleton as a direct beneficiary.<\/p>\n\n\n                            <\/header>\n\n                    <\/div>\n\n            <\/div>\n\n    <\/div>\n<\/section>\n\n\n\n<p class=\"wp-block-paragraph\">The entire amount of RRSPs and RRIFs will be taxed if you leave them to your heirs. Instead, consider giving them less tax-burdened assets like real estate and stock, and use retirement assets to create your legacy gift at Carleton.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Benefits:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eliminate potential estate tax on retirement assets.<\/li>\n\n\n\n<li>Eliminate income tax on retirement assets funded on a pre-tax basis.<\/li>\n\n\n\n<li>Receive potential savings on estate taxation from a donation tax credit.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">To name Carleton as a beneficiary of your retirement plan, contact your bank or insurance company to see whether a change of beneficiary form must be completed. Quebec residents will be required to designate RRSP and RRIF plan donations in their wills.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can request our helpful resource brochure, <em>Making a Lasting Impact with Your Retirement Funds<\/em>, by visiting our request page <a href=\"https:\/\/carleton.ca\/planforgood\/complimentary-planning-resources\/\" data-type=\"link\" data-id=\"https:\/\/carleton.ca\/planforgood\/complimentary-planning-resources\/\">here<\/a>.<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>The entire amount of RRSPs and RRIFs will be taxed if you leave them to your heirs. Instead, consider giving them less tax-burdened assets like real estate and stock, and use retirement assets to create your legacy gift at Carleton. Benefits: To name Carleton as a beneficiary of your retirement plan, contact your bank or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":529,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_cu_dining_location_slug":"","footnotes":"","_links_to":"","_links_to_target":""},"cu_page_type":[],"class_list":["post-352","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":{"cu_post_thumbnail":""},"_links":{"self":[{"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/pages\/352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/comments?post=352"}],"version-history":[{"count":5,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/pages\/352\/revisions"}],"predecessor-version":[{"id":2233,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/pages\/352\/revisions\/2233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/media\/529"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/media?parent=352"}],"wp:term":[{"taxonomy":"cu_page_type","embeddable":true,"href":"https:\/\/carleton.ca\/planforgood\/wp-json\/wp\/v2\/cu_page_type?post=352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}