Save up to $150 on FlexiFonds transfer fees¹
Transfer your RRSP, TFSA, or RRIF from another financial institution to FlexiFonds by July 31, 2022, to take advantage of this promotion.1. We'll even take care of the paperwork for you!
Why invest in a tax-free savings account (TFSA)?
When you invest in a TFSA, you can save tax-free, starting at age 18. Whether you're just starting your career, have children, or are nearing retirement, the TFSA can adapt to your projects.
A savings vehicle that can be used to:
The benefits of choosing the TFSA with FlexiFonds:
- Earnings that grow tax-free and income that isn't taxable even when withdrawn.
- The flexibility to withdraw, ideal for your medium- or long-term plans!
- A choice of three products tailored to various risk profiles and your savings plans.
- An investment in the local economy.
Reinvest your tax savings in your TFSA every year!
70% of FlexiFonds mutual fund assets are related to the local economy
Investing with FlexiFonds is a great way to keep your savings local.
Flexible products to help make your dreams a reality
When you choose to invest in a TFSA with FlexiFonds, you'll have access to three mutual funds primarily made up of Québec stocks and bonds, each adapted to different investor profiles. There's something for everyone! You'll have the flexibility to access your money when you need it, and there are no enrolment, transaction, or redemption fees.
You prioritize income stability over long-term appreciation of your savings?
Looking for balance between income and savings growth?
Looking for long-term savings growth and, to a lesser extent, income?
Calculate the future value of my TFSA
Projected value of my TFSA*
* The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the Fonds de solidarité FTQ's share.
You can find this information by logging into “My Account” on the CRA website or by calling the CRA's Tax Information Phone Service (TIPS) at 1-800-267-6999
RRSP or TFSA?
Here are the main features that differentiate these two complementary savings solutions.
|Main savings objective||30% tax credits specific to the Fonds||Redemption criteria||Tax-deductible contribution||Taxable withdrawal|
|RRSP with FlexiFonds||Retirement||No||No restrictions||Yes||Yes|
|TFSA with FlexiFonds||Saving for a project||No||No restrictions||No||No|
Can't decide between an RRSP and a TFSA?
We've prepared a breakdown of the advantages associated with each option, so that you can make an informed choice based on your needs and situation. We also explain how these two savings vehicles complement each other.Compare RRSPs and TFSAs
Our FlexiFonds mutual fund advisors have an objective approach
FlexiFonds mutual fund advisors are available to answer your questions and to help you reach your savings goals. They put their skills and expertise to work for you, without pressure tactics or commissions, so that you can save for the projects you care about.Get to know our advisors
Most frequently asked questions
Give us a call, and let's talk about your plan!
Monday to Thursday, from 9 a.m. to 8 p.m., and Fridays from 9 a.m. to 5 p.m.
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By participating in the Transfer Fee Refund Promotional Offer (the "Offer"), and subject to applicable laws and the current prospectus, you (the "Client") acknowledge that you have read, understand, and agree to be bound by the following terms and conditions.
In accordance with the terms of the offer, an amount equivalent to the transfer fees incurred, up to a maximum of $150, will be reimbursed to any client who transfers and invests all or part of a registered investment account such as an RRSP, TFSA, or RRIF with a minimum value of $5,000 (the "Eligible Account") from another financial institution to FlexiFonds de solidarité FTQ inc. ("FlexiFonds").
This Offer is valid for all existing or new FlexiFonds Clients who have an active account with FlexiFonds. To be eligible for this refund, the Client must submit a transfer request from an Eligible Account between 8:00 a.m. ET on March 21, 2022, and 11:59 p.m. ET on July 31, 2022 (the "Eligibility Period").
The reimbursement of transfer fees shall be equal to the lesser of: (i) the actual transfer fee for an Eligible Account; or (ii) a maximum amount of $150 per Eligible Account, whichever is less. There is no limit to the number of Eligible Accounts a Client can transfer during the Eligibility Period. Partial transfers from the same Eligible Account are eligible for a single reimbursement only.
All transfer fee refunds shall be made by issuing an equivalent amount of FlexiFonds shares, directly credited to a FlexiFonds account in accordance with the same investment instructions applicable to the proceeds of the Eligible Account being transferred. Any request to redeem or switch FlexiFonds units received within 90 days of the end of the transfer process shall result in the Offer being rendered null and void, and the Client will be required to repay all transfer fees refunded by FlexiFonds.
Transfer fees will be refunded in Canadian dollars after the transfer process is complete. The refunded amount shall not count as an RRSP, TFSA, or RRIF contribution, and no tax receipt will be issued. FlexiFonds mutual fund investments are not eligible for the Labour-sponsored funds tax credit. Transfer fee refunds may have tax implications. For more information, we recommend that the Client consult with their advisor.
Under this Offer, only the transfer fees shall be refunded. No refunds will be made for transferring an Eligible Account that is exempt from transfer fees. The Client is responsible for all redemption fees, liquidation fees, commissions, and any other fees associated with transferring the account.
Transfer requests that do not meet the eligibility requirements stated in the prospectus shall be denied. Fonds de solidarité FTQ and FlexiFonds reserve the right to suspend, cancel, or modify the terms and conditions of the offer at any time and without prior notice, and reject all liability for any loss, damage, or other harm that may result from taking part in the offer and transferring an Eligible Account.
FlexiFonds reserves the right to suspend, cancel, or modify the terms of this Offer at any time without prior notice. FlexiFonds may also refuse transfer requests from Clients who do not meet the eligibility requirements as stated in the prospectus.
FlexiFonds is not liable for any loss, damage, or harm that may arise from taking part in this Offer and transferring an Eligible Account.
All the information and data provided on this website are for information purposes only; they are not intended to provide advice or recommendations of a financial, legal, accounting or tax nature with respect to investments. Although they are deemed reliable, no representation or warranty, express or implied, is made as to the accuracy, quality or completeness of this information and data. The opinions expressed should not be construed as a solicitation or offer to purchase or sell the units referred to herein and should not be viewed as a recommendation. We recommend you consult your advisor.
FlexiFonds de solidarité FTQ Inc.
The units of the FlexiFonds funds are distributed solely in Québec by FlexiFonds de solidarité FTQ inc., a mutual fund dealer wholly owned by the Fonds de solidarité FTQ. FlexiFonds de solidarité FTQ inc. does not distribute the units of any other mutual funds. Management fees and other expenses may be associated with mutual fund investments. Please consult your advisor and read the prospectus and the fund facts documents before making an investment. The FlexiFonds funds are not guaranteed, their values change frequently, and past performance may not be repeated.
FlexiFonds, FlexiFonds Conservative, FlexiFonds Balanced and FlexiFonds Growth and the other trademarks displayed on this site are registered trademarks of the Fonds de solidarité FTQ. Other companies' trademarks are used with permission or under license. All rights reserved. Trademark references on this site should not be construed as an implied authorization to use such trademarks.
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