Under what conditions can I withdraw the money held in my RRSP+?

Because the Fonds is subject to a share redemption policy, it can redeem your shares only if your situation meets one of the redemption criteria set out in Schedules 1 and 2 of the Prospectus.

You may access the money held in your RRSP+ with the Fonds under the following conditions:

  • You've reached 65 years of age.
  • You've reached 45 years of age and are retired.
  • You've reached 50 years of age and have signed a phased retirement agreement.
  • You want to leverage the Home Buyer's Plan (HBP) to buy your first home.
  • You or your spouse are going back to school full time for at least three consecutive months.
  • You need to inject capital in your new business to create or maintain jobs, or your business is experiencing financial difficulties.
  • You're emigrating from Canada permanently.
  • You're redeeming pension credits for years of past service or improving your pension benefits.
  • You must repay a claim related to the seizure of an essential good or service interruption.
  • You incur an extraordinary and unexpected expense related to your health or that of your spouse.
  • You experience a loss related to your principal residence.
  • You have a severe and prolonged disability.
  • You, your spouse or a dependant child has a serious and irreversible illness.
  • You experience a decrease in income under the following circumstances for a set period of time:
    • loss of employment or the end of a sole-source contract
    • involuntary decrease in normal work hours
    • decrease or end of benefits
    • dissolution of union
    • temporary disability
    • you or your spouse acts as a natural caregiver for a family member
    • a sudden, involuntary decrease in family income, if you are self-employed

A cap may exist for some of these conditions.

Do you have a more questions?

Our agents will be pleased to answer any questions you may have at:

1 800 567-3663
Legal Notes

Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the fondsftq.com website, from a local representative or at the offices of the Fonds de solidarité FTQ. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.
Prospectus En ( 883 Kb )