Get an extra 30% in tax credits!

Your savings + our RRSP = + tax savings

By choosing the Fonds RRSP, you get two tax benefits that can save you between 58% and 78% of the amount invested!

First benefit: tax credits

  • 15% on your Québec taxes;
  • 15% on your federal taxes.

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).

Second benefit: tax deduction

You also enjoy the usual tax deduction granted to all RRSP holders by the two levels of government. This tax saving can vary from 30% to 48% depending on your tax rate.

Let’s look at an example:

Your contribution: $1,000

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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Contact us

  • Montréal:
    514 383-FONDs (3663)

    Québec City:
    418 628-FONDs (3663)

    Toll free:
    1 800 567-FONDs (3663)

    Mon. to Fri. 8:30 am to 5 pm

  • By e-mail
  • Field offices

Did you know?

According to Statistics Canada, in 2008, Canadians had set aside $1.8 billion for retirement through different plans.