RRSPs & RRIFs

Did You Know?

  • Luther College participates in Admission on the Spot events which offer campus tours, reduced application fees, and the relief of finding out you are accepted to your program immediately!

  • Our student residence, The Student Village at Luther College, welcomes residents from ALL post-secondary institutions in Regina. Rooms come with a meal plan, free laundry, free wi-fi, and a great sense of community.

  • Wondering where to live? Our student residence, The Student Village at Luther College, is considered the best choice for first-year student accommodation. Individual private rooms mean you can stick to your own schedule and you never have to deal with roommate hassles.

  • Smaller class sizes at Luther College means more individualized attention and better connections with your professors, classmates, and academic advisors.

  • Every degree program at Luther College offers a study abroad option and an optional experiential learning component where you gain real world experience and get paid while going to school!

  • Luther College students are eligible for an additional $100,000 in academic awards – in addition to scholarships and bursaries awarded by the U of R.

  • Luther College appeals to students who want to study in a safe, nurturing, and inclusive environment. We welcome students of all faiths, ethnicities, backgrounds, religions, genders, and sexual orientations.

  • Luther College is the first choice for high school to university transition. Enjoy all the benefits of a larger campus, without feeling lost in the crowd. Our community is full of caring mentors and peers to ensure a positive student experience.

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RRSPs & RRIFs

Donating your Registered Retirement Savings Plans (RRSPs) or Registered Retired Income Funds (RRIFs) is a simple, flexible way to give to Luther College while enjoying tax benefits

Benefits

  • Flexible and revocable – You have full use of your retirement saving investment while you’re alive plus the gift can be revoked at any time if your financial situation changes. 
  • Reduced taxes – Your retirement fund taxes are offset by the tax receipt issued by Luther for the full amount being transferred. 
  • Leave a lasting legacy – Your gift will be directed towards Luther’s greatest need or you can designate your fund to a particular program.

How it works

There are several ways to give a gift of life insurance: 

  1. Simply include “Luther College Regina” in the beneficiary information of the plan document and then advise the institution holding your retirement account of the change. 
  2. By nominating multiple beneficiaries you can still ensure loved ones are cared for while providing a donation to Luther.
  3. A tax receipt for the value of the investment gifted will be issued to your estate and applied toward the final income tax return. 

We strongly recommend you consult your own lawyer or other professional advisor about the applicability to your situation.