Do something positive with your savings

Here are a few ideas to turn what can seem a dull action into a rewarding result.

  • Start saving automatically.

    Set up a periodic bank transfer to an RRSP+. This approach pays off even if you save as little as $20, $25 or $50 at a time. In just a few weeks, without really noticing it, you’ll have acquired a new savings habit that will serve you well throughout your life.

    When you choose the Fonds, you’re making a socially responsible investment in support of corporate citizens that respect their workers.

  • You often hear the question: “Is it really better to start saving early?”

    Say you contribute $1,500 a year to your RRSP+ starting at age 25 and continue to do so for 30 years. The money will grow over time since it’s tax sheltered (it’s in your RRSP after all!). Given an average annual return of 3%*, you’ll have saved $71,363 by the time you’re 55.

    If you wait until your early forties to save the same $45,000 by contributing $3,000 a year for 15 years at the same average annual return of 3%, you’ll have $55,797 when you’re 55, or about 25% less!

    Visit the Question RetraiteAttention, this link will open a new tab.Attention, this link will open a new tab. site to learn more.

    Notes

    *Based on the economic and financial outlook and on our mission and investment strategies, the Fonds de solidarité FTQ is targeting an average annual return of 2.5% to 3% over the long term. The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the Fonds de solidarité FTQ’s share.
  • The RRSP+ is a simple, safe and proven savings instrument. You benefit from your money being invested in a tax shelter as well as from a return that mirrors the dynamism of the markets.

    What are the benefits of an RRSP+ with the Fonds? Here are a few of the features that make all the difference:

    • The RRSP+ offers an additional 30% in tax savings.*
    • The Fonds supports local businesses and helps create, maintain or save thousands of jobs.
    • You can contribute by payroll deduction, which saves you money on each paycheque.
    • You don’t have to wait until retirement to make the most of your RRSP+! You can use the money you’ve saved to buy your first home or go back to school.

    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.

Why choose the Fonds?

An additional 30% in tax savings really adds up.*

An additional 30% in tax savings! That’s the advantage of an RRSP+ with the Fonds.

We’ll accompany you throughout your life.

Whether you’re buying your first home, going back to school, there are many ways to leverage your RRSP+.

You’ll be supporting hundreds of local businesses.

Sail Plein Air, Les Brasseurs du Nord, SSQ Assurance-vie, you probably know someone who works for one of the businesses in which the Fonds invests.

Did you know?

The Fonds supports businesses, like Fermes Lufa, that foster sustainable development and have a positive impact on local communities.

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.

It pays to start early!

Check out the following examples:

Charles began saving $2,000 a year at 45. At 65, based on a 3% return, he’ll have saved $53,741 by contributing $40,000.

For her part, Maude began saving at 25 and saved $1,000 a year for 40 years. At the same 3% rate of return, she’ll have saved $75,401 by the time she’s 65, about $20,000 more than Charles

Notes

*Based on the economic and financial outlook and on our mission and investment strategies, the Fonds de solidarité FTQ is targeting an average annual return of 2.5% to 3% over the long term. The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the Fonds de solidarité FTQ’s share.

Calculate the tax you’ll be saving

My annual taxable income is between

I would like to contribute:

0
$5,000

Tax savings: $1,463.25

Le graphique montre deux colonnes, la première représente les économies d'impôt avec un REER ordinaire tandis que la seconde représente les économies d'impôt avec le REER + du Fonds. Le second montre une belle augmentation d'environ le double en retour d'impôts comparativement à la première colonne. Toutefois, suivant votre revenu annuel, la différence se réduit.

tax return with a regular RRSP

tax return with the Fonds' RRSP+

Thanks to the standard RRSP deductions and the additional 30% tax savings unique to the Fonds, your RRSP+

will only cost you $1,036.75

for an annual savings of $2,500

Start Saving

Most frequently asked questions

Getting Started
Who is eligible to contribute to an RRSP?
Any person who earns income in Canada and is 71 years of age or younger as of December 31 of the current year.
More Details : Who is eligible to contribute to an RRSP?
Getting Started
What does my income need to be when I retire?
Most specialists agree that, if you want to maintain your lifestyle upon retirement, you’ll need roughly 70% of your gross annual work income
More Details : What does my income need to be when I retire?
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?
Redemptions and withdrawals
Are my shares “frozen” until age 65?
You can benefit from the savings in your RRSP+ well before your 65th birthday, but only under certain conditions!
More Details : Are my shares “frozen” until age 65?
Getting Started
How do I open an account online?
Signing up for an account is an easy and secured process. All it takes is a few clicks!
More Details : How do I open an account online?
RRSP+
How can I contribute to an RRSP+ at the Fonds?
There are three simple and practical ways to contribute to your RRSP+ and benefit from its advantages.
More Details : How can I contribute to an RRSP+ at the Fonds?

Stress-free saving

Saving without tightening your belt is easy with an RRSP+ with the Fonds.

Contribute online
Legal Notes

Based on the economic and financial outlook and on our mission and investment strategies,
the Fonds de solidarité FTQ is targeting an average annual return of 2.5% to 3% over the long term. The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the Fonds de solidarité FTQ’s share.

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.

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 )