A well-organized back-to-school initiative

Going back to school requires good financial planning. These are the moments when the additional 30% in tax savings* you get with the Fonds benefit you most.

  • Several good reasons can motivate a career change. No matter what your reason is, your choice of career must reflect what you really want to do. What are you interested in? What are you passionate about? The answers to these questions will help you determine the type of training that suits you best!

    If you’re looking for a good source of information, the Emploi-Avenir Québec website offers a host of valuable information on various topics.

  • Did you know you can use your RRSP+ to help you go back to school? Once you’ve chosen the type of training you want to take, check out the list of accreditedAttention, ce lien ouvrira un nouvel onglet. or certifiedAttention, ce lien ouvrira un nouvel onglet. educational institutions that allow you to withdraw funds from your RRSP+.

    How much can you withdraw?

    With the RRSP+, you can withdraw up to $10,000 for three to six months of full-time studies, and up to a maximum of $20,000 for full-time studies that last six months or longer.

    Note that in order to be eligible to withdraw funds from your RRSP, while respecting the authorized withdrawal amounts limits, you must have held shares with the Fonds for more than two years.

  • The Lifelong Learning Plan (LLP) allows you to withdraw funds from your RRSP to finance full-time training or education for you or your spouse or common-law partner., without having to pay tax.

    As with the HBP, the LLP functions like a no-interest loan you make to yourself. You must pay back the amount over a period of ten years at a minimum of 10% of the amount withdrawn per year.

  • When you’re ready to proceed, contact one of our Shareholder Services agents at 1 800 567-3663.

    They’ll be happy to answer your questions and provide the documentation you need.

    You can also consult our FAQ for more information.

Notes

*The tax credits granted to the shareholders of the Fonds are 15% at the federal level and 15% at the provincial level. Tax credits are capped at $1,500 per tax year, which corresponds to purchases of Fonds de solidarité FTQ shares having a value of $5,000.

The RRSP+ helps you get more studying done.

Make your projects a reality

Whether you want to make a career change or get more training, there are many ways to leverage your RRSP+.

Enjoy additional tax savings

An RRSP+ with the Fonds offers you an additional 30% in tax savings.

Focus on flexibility

You can count on the LLP even if you go back to school full time for as short a period as three months.

The Fonds is us, together, as a whole

Contributing to an RRSP+ with the Fonds pays off for you and everyone across Quebec also benefits.

Notes

*The tax credits granted to the shareholders of the Fonds are 15% at the federal level and 15% at the provincial level. Tax credits are capped at $1,500 per tax year, which corresponds to purchases of Fonds de solidarité FTQ shares having a value of $5,000.

Most Frequently Asked Questions

Redemptions and withdrawals
I’m going back to school. Can I redeem my RRSP+ to make things easier financially?
Yes. If you’re going back to school full time, you can submit a request to redeem your shares.
More Details : I’m going back to school. Can I redeem my RRSP+ to make things easier financially?
Redemptions and withdrawals
How much money can I withdraw from my RRSP+ to go back to school?
You can redeem all your Fonds shares purchased over at least two years, up to $20,000.
More Details : How much money can I withdraw from my RRSP+ to go back to school?
RRSP+
What’s the difference between an RRSP+ at the Fonds de solidarité FTQ and other RRSPs?
Only the RRSP+ with the Fonds offers an additional 30% in tax savings. However, its biggest difference lies in its social impact.
More Details : What’s the difference between an RRSP+ at the Fonds de solidarité FTQ and other RRSPs?

Interested in the LLP?

Contact Shareholder Services to get all the documentation you need and have your file assessed.

1 800 567-3663