Payroll deduction

Payroll deduction

We know that you want an easy AND flexible way to save. And that’s exactly what you get with the Fonds RRSP.

Payroll deduction is clearly the way to go. With a set amount deducted from each pay, you won’t ever have to worry about coming up with a large amount of money all at once to make your RRSP contribution. And did you know that 6,400 companies in Québec offer this contribution method to their employees?

  • How much should I put in? It’s up to you!
  • Can I change the amount? Yes, whenever you want!
  • No pay? No contribution!
  • And what’s more, you can get your tax savings back on each pay!

An immediate tax refund!

With payroll deduction, you can get your tax refund back on each pay rather than wait until you file your tax returns. You’ll hardly notice the difference on your pay because your employer* only takes off the net contribution amount, i.e. the total contribution minus the tax credits and tax deduction.
This is by far the easiest way to set money aside. It requires no discipline and is a sure fire way to achieve your savings goals.

Go-to people in your workplace!

At the Fonds, we can rely on a network of over 2,000 volunteer local representatives (LR) in the workplace to offer our services and explain everything you need to know about our RRSP.

If you are fortunate enough to have an LR at your company, don’t delay, talk to him or her today!

*Some employers offer payroll deduction but without the immediate tax refund.

Payroll deduction calculator

Contribute to the Fonds RRSP

Contribute to the Fonds RRSP

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Did you know?

Thanks to its shareholders’ savings, the Fonds and its network support the development of nearly 2,100 Québec businesses.

* As at May 31, 2010.

Fonds de solidarité FTQ © 2011