Why invest in non-registered savings?

You have contributed the maximum amount you can to an RRSP and/or TFSA.

Registered plans such as RRSPs make it possible to benefit from tax breaks that non-registered savings don't offer. However, if you've reached your RRSP and/or TFSA contribution limit, non-registered products can be an interesting option to save for a project or to supplement your retirement savings.

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Tip

Certain savings strategies, including a non-registered account, can promote a balanced allocation of assets among various tax vehicles.

Our non-registered products

Our non-registered products
30%* tax credits for investing in a labour fund
Subject to the Fonds' redemption criteria
Local investments in line with the Fonds' mission
FlexiFonds investment account
Choose between 3 products tailored to various risk profiles and your savings plans
Enjoy the flexibility to withdraw
Contribute to local investments that are in line with the Fonds' mission

Notes

* The Fonds de solidarité FTQ's shareholders will receive 15% in tax credits from the Québec government and 15% from the federal government. They are capped at $1,500 per fiscal year, which represents a $5,000 purchase of shares of the Fonds de solidarité FTQ.

Invest in non-registered Fonds shares or in a FlexiFonds investment account?

These two savings solutions differ in the following key ways:

Main savings objective 30% tax credits specific to the Fonds Redemption criteria Online enrollment Product
Non-registered shares with the Fonds Contributing over and above the RRSP and TFSA limits Yes* Subject to the Fonds' redemption criteria No Fonds share
FlexiFonds investment account Contributing over and above the RRSP and TFSA limits No No restrictions No Mutual fund

Notes

* The Fonds de solidarité FTQ's shareholders will receive 15% in tax credits from the Québec government and 15% from the federal government. They are capped at $1,500 per fiscal year, which represents a $5,000 purchase of shares of the Fonds de solidarité FTQ.

Achieve your life plans more easily!

See how much flexibility you enjoy when you invest in a FlexiFonds investment account.

Nom : Martin

Age: 41

Job: Logistics manager

Annual taxable income: $76,000

Goal: Is debating between carrying out projects and preparing for retirement

Financial goal: Wants to invest $10,000 even though his RRSP and TFSA contribution room is used up.

Martin wants to start his own business in two years. Keeping in mind that he may need cash to launch his business, he also wants to make the most of potential market returns to make his savings grow. He knows that he will be able to withdraw his savings without restriction when he's ready to take the plunge.

How to find out your maximum RRSP contribution for the current year

The maximum RRSP contribution is 18% of your previous year's earned income, up to a maximum of $27,230 in 2020, plus any amounts you did not apply in previous years.

Here are three ways to find out your contribution room.

Check your most recent Notice of Assessment.

The Canada Revenue Agency lists this information under "RRSP deduction limit/CPP deduction limit statement" on your income tax return.

Visit the CRA website.

Go to the Electronic Services for Individuals tab under My Account.

Call TIPS (Telephone Electronic Intelligence Service).

Call 1-800-267-6999 to reach TIPS.

What is the maximum TFSA contribution amount for the current year?

The maximum amount you can invest in a TFSA varies from year to year. For 2020, the limit is set at $6,000.

If you do not invest in a TFSA in one year, you can carry forward the contribution amount to the next year. Furthermore, withdrawals from the previous year can be recovered on January 1 of the following year.

If you were 18 or older in 2009, you can contribute a maximum of $69,500 in 2020. Note that this information does not take into account withdrawals made during the current year.

Log in to My Account on the CRA website to view your contribution room.

Most frequently asked questions

Non-registered savings
What does it means to buy non RRSP shares?
It means you can buy shares that aren't registered in an RRSP.
More Details : What does it means to buy non RRSP shares?
Non-registered savings
Why should I hold non RRSP shares?
Because you have reached your annual RRSP contribution limit and want to continue saving for retirement.
More Details : Why should I hold non RRSP shares?
Non-registered savings
Can I open a non RRSP account online?
No. The opening of a non RRSP account is governed by a federal law that requires the holder to disclose his identity with the institution
More Details : Can I open a non RRSP account online?

Call us to discuss your plans!

Monday to Friday, 8:30 a.m. to 6 p.m.

1-800-567-3663
  • 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 shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.
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    About FlexiFonds de solidarité FTQ
    FlexiFonds de solidarité FTQ Inc. is a wholly-owned subsidiary of the Fonds de solidarité FTQ. FlexiFonds de solidarité FTQ Inc. acts as the principal distributor of the funds' units and is a mutual fund dealer registered with the Autorité des marchés financiers.

    FlexiFonds de solidarité FTQ Inc.
    The FlexiFonds are distributed solely in Québec by FlexiFonds de solidarité FTQ Inc. a mutual fund dealer wholly owned by the Fonds de solidarité FTQ. Please consult your advisor and read the prospectus and Fonds overview before making an investment. The Fonds' securities are not insured by the Canada Deposit Insurance Corporation or any other government deposit insurer or by the Autorité des marchés financiers. The mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.