Under what conditions can I withdraw the money held in my RRSP+?

Because the Fonds is subject to a share redemption policy, it can redeem your shares only if your situation meets one of the redemption criteria set out in Schedules 1 and 2 of the Prospectus.

You may access the money held in your RRSP+ with the Fonds under the following conditions


Making a withdrawal according to some of these circumstances can have an impact on the eligibility to tax credits.


Please contact one of our agents for more information regarding the share buyback process.

  • You've reached 65 years of age.
  • Eligible shares: All shares held for at least 730 days.


  • When you get retired.

  • - You've reached 45 years of age;

    Eligible shares: All shares held for at least 730 days.

    - You've reached 50 years of age;

    Eligible shares: All shares held for at least 730 days.

    - You've reached 55 years of age;

    Eligible shares: All shares held for at least 730 days.


  • You've reached 50 years of age and have signed a phased retirement agreement.
  • Eligible shares: All shares held for at least 730 days. A maximum amount can be set.


  • You want to leverage the Home Buyer's Plan (HBP) to buy your first home.
  • Eligible shares: All shares issues and held in an RRSP or spousal RRSP for at least 90 days up to the contribution limit allowed under the plan.


  • You or your spouse are going back to school full time for at least three consecutive months.
  • Eligible shares: All shares held for at least two years. Shares purchased after returning to school cannot be redeemed under this criterion.


  • To inject capital in your business:

  • - A new business to create or maintain jobs;

    Eligible shares: All shares held for at least two years.

    - A business experiencing financial difficulties;

    Eligible shares: All shares held for at least two years.


  • You're emigrating from Canada permanently.
  • Eligible shares: All shares that have been held for at least two years in the shareholder’s account.


  • You're redeeming pension credits for years of past service or improving your pension benefits.
  • Eligible shares: All shares held for at least two years.


  • You must repay a claim related to the seizure of an essential good or service interruption.
  • Eligible shares: All shares held.


  • You incur an extraordinary and unexpected expense related to your health or that of your spouse.
  • Eligible shares: All shares held.


  • You experience a loss related to your principal residence.
  • Eligible shares: All shares held.


  • You have a severe and prolonged disability.
  • Eligible shares: All shares held.


  • You, your spouse or a dependant child has a serious and irreversible illness.
  • Eligible shares: All shares held.


  • In case of death.
  • Eligible shares: All shares held (cheque issued to the succession or transfer to another plan).


  • In case of death of the person who contributed to a spousal RRSP.
  • Eligible shares: All shares held.


  • Within 60 days of the subscription.
  • Eligible shares: All eligible shares held.


  • Due to ineligibility for tax credits.
  • Eligible shares: All the shares purchased while the shareholder wasn’t eligible for tax credits.


  • You experience a decrease in income under the following circumstances for a set period of time:

  • - Loss of employment or the end of a sole-source contract;

    - Involuntary decrease in normal work hours;

    - Decrease or end of benefits;

    Eligible shares: All shares held. Shares purchased after the decrease in net income cannot be redeemed under this criterion.


    - Dissolution of union;

    Eligible shares: All shares held. Shares purchased after the dissolution of the union cannot be redeemed under this criterion.


    - Temporary disability;

    Eligible shares: All shares held. Shares purchased after the temporary disability cannot be redeemed under this criterion.


    - You or your spouse acts as a natural caregiver for a family member;

    Eligible shares: All shares held for at least two years.


    - A sudden, involuntary decrease in family income, if you are self-employed.

    Eligible shares: All shares held. Shares purchased after the involuntary decrease in net income cannot be redeemed under this criterion.

    Do you have more questions?

    Our agents will be pleased to answer any questions you may have at:

    1 800 567-3663
    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.
    Prospectus En ( 641 Kb )