Make the most of your RRSP+: Withdrawals and Redemptions
Whether you’re buying your first home, going back to school or retiring, discover all the ways you can leverage your RRSP+.
- General questions
- Can I withdraw money from my RRSP+ before age 65?
- How are share issue and share redemption prices determined?
- How long will the Fonds take to process my redemption request?
- How much tax is withheld when a withdrawal is made from an RRSP?
- When can I withdraw funds from a spousal RRSP or RRIF?
- Spousal RRSP: Who will pay the tax at the time of withdrawal?
- Can I recontribute to my RRSP+ with the Fonds after redeeming part of my shares?
- The Fonds’ share redemption policy requires a 730-day holding period. Should I stop contributing two years before retiring?
- Do I need to repay the tax credits when I redeem RRSP+ shares or shares held outside an RRSP+?
- I plan to retire in five years. Can I start contributing to the Fonds?
- Questions about withdrawals
- Under what conditions can I withdraw the money held in my RRSP+ with the Fonds?
- How do I request to redeem shares in my RRSP+ with the Fonds?
- I'm 65, but I'm not yet retired. Can I redeem my RRSP+?
- I'm 60 years of age or older and receive a pension from the Québec Pension Plan or an equivalent plan. Can I use my RRSP+?
- I'm 55 years of age or older and receive a pension benefit. Can I submit a request to redeem my RRSP+?
- I'm 50 years of age or older and have decided to stop working and retire. Am I eligible to redeem my RRSP+?
- I’m reducing my work hours to take phased retirement. Can I redeem part of my RRSP+?
- Can I use my RRSP+ if I retire early?
- I am a new business owner and would like to leverage my RRSP+. Is it possible?
- I’ve owned a business for more than a year, and it’s in financial difficulty. Can I redeem part of my RRSP+?
- Can I redeem my RRSP+ if I leave Canada?
- I received an offer to improve my retirement plan from my employer. Can I transfer my RRSP+ to improve that plan?
- Can I repay debts with my RRSP+?
- Can I use my RRSP+ to pay medical expenses?
- If I experience a loss pertaining to my home, can I withdraw money from my RRSP+?
- If I am permanently disabled, can I access my RRSP+?
- What can I do with my RRSP+ if I have, or someone in my family has, a terminal critical illness.
- I am or was employed and my income has decreased. Can I draw on my RRSP+?
- In the case of separation or divorce, can I withdraw money from of my RRSP+?
- If I have stopped work due to temporary disability, can I redeem my RRSP+?
- I had to reduce my work hours to act as a natural caregiver for a family member. Can I redeem part of my RRSP+?
- I'm a self-employed worker, and my income has decreased. Can I redeem my RRSP+?
- I’ve changed my mind and want to cancel the contribution I made. Is that possible? Is there a deadline to submit a request?
- I contributed to the RRSP+ with the Fonds, but I was denied tax credits when I filed my tax return. Can I request a transfer to another RRSP?
- What happens to my Fonds shares or my FlexiFonds mutual funds upon my death?
- I have a spousal RRSP+, and my contributing spouse has died. How should I proceed?
- Buying a House (HBP)
- What’s the Home Buyer’s Plan (HBP)?
- What are the eligibility criteria for the HBP?
- How much can I withdraw under the HBP?
- Can my spouse and I each make an HBP redemption request under the HBP?
- Can I use my RRSP+ to leverage the Home Buyer’s Plan (HBP)?
- What documents do I need to provide to submit an HBP repayment to the Fonds?
- Am I required to repay my HBP?
- How do I repay my HBP?
- Can I repay an HBP I took out at another financial institution to an RRSP+ with the Fonds?
- Can I cancel a HBP request?
- Resuming your Studies (LLP)
- I’m going back to school. Can I redeem my RRSP+ to make things easier financially?
- How much money can I withdraw from my RRSP+ to go back to school?
- What's the Lifelong Learning Plan (LLP)?
- Which study programs let me withdraw from my RRSP+?
- Can I use my RRSP+ to pay for my spouse's or children's studies?
- How do I repay my LLP?
The FlexiFonds offering is the logical extension of your Fonds experience
It's possible to stay invested in the Fonds family with the FlexiFonds offering. It offers Fonds savers a variety of savings vehicles and products tailored to various investor profiles and savings goals.
Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the Website fondsftq.com, from a local representative or at the offices of the Fonds de solidarité FTQ. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.
