Retirement funds can make an excellent charitable gift, as the tax credit will normally offset the tax on the distribution. You can choose to donate funds from your RRSP’s, RRIF’s, TFSA’s or Canada Pension assets.
If you are providing for your retirement needs through investments such as RRSP’s you may choose to use funds received from Canada Pension to make a charitable donation. When you receive your payment, simply send Jewish Family & Child Foundation a cheque for the amount or a portion of the distribution you received.
Brenda Gurvey | Development Manager
416-638-7800 x 6226 | firstname.lastname@example.org