The maximum amount eligible for these tax credits is $5,000 per year, which translates into tax savings of $1,500 ($750 on your Québec taxes and $750 on your federal taxes).
Tax rate: approximately 38%
Your actual outlay: $320
Investment
Tax Credits for the Fonds RRSP (30%)
RRSP Tax Deduction (approx.)
Total Savings (approx.)
Actual outlay
$1,000
$300
$380
$680
$320
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Québec City: 418 628-FONDs (3663)
Toll free: 1 800 567-FONDs (3663)
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