IT’S ACCESSIBLE: Nearly 6,400 companies already offer payroll deduction to their employees, including more than 4,500 SMEs. At the Fonds, we don’t care how big you are or whether your employees are unionized: our goal is to offer them an easy and accessible way to save.
IT’S FLEXIBLE: The Fonds adapts to your payroll process and offers you the option of remitting the contributions electronically.
We process over 250,000 transactions every month, 75% of which are computerized.
IT’S EASY: Regardless of your payroll system, the Fonds is there to help you with the set-up, providing reference guides and telephone support, and even meeting with your payroll team if needed.
IT’S AFFORDABLE: There is absolutely no fee for offering the Fonds' payroll deduction plan.
IT PAYS OFF: Beause of the additional 30% in tax credits, the Fonds de solidarité FTQ RRSP makes saving accessible to all workers, regardless of their income.
EXAMPLE: Employee's contribution: $500
Tax rate: approximately 38%
Employee's actual outlay: $160
Investment |
Tax Credits for the Fonds RRSP (30%) |
RRSP Tax Deduction (approx.) |
Total Savings (approx.) |
Actual outlay |
$500 |
$150 |
$190 |
$340 |
$160 |