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RRSPs & RRIFs
Did You Know?
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.
The Luther Library has over 24,000 items in its collection, 5,000 books checked out per year, and 7,000 students who come through its door per month.
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 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.
The priority deadline for academic application is March 15. To book a personalized entrance counselling appointment, contact our Recruitment Office at 1-306-206-2117.
Luther College students are U of R students and receive all the same benefits. Upon graduation you will receive a U of R degree.
Living in The Student Village at Luther College, our student residence, comes with a choice of healthy, nutritious meal plans. That means no grocery shopping, no meals to cook, and no dirty dishes to worry about. You can focus on your studies and wellness!
You can book a tour of Luther College, the U of R campus, and our student residence, The Student Village at Luther College, any time throughout the year. Contact our Recruitment Office at 1-306-206-2117.
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:
- 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.
- By nominating multiple beneficiaries you can still ensure loved ones are cared for while providing a donation to Luther.
- 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.