Save continuously through automatic bank withdrawals
Continue to enjoy an additional 30% in tax savings thanks to your RRSP+.*
How does it work?
Automatic bank withdrawals are quick to set up and simple to use. Saving regularly, a little bit at a time, is much easier on the budget.
Your contributions are automatically withdrawn from your bank account at set intervals. You decide how much you want to save, up to a maximum of $500 per month, and you can make changes directly via your online account as your needs and savings goals evolve.
You'll receive 30% in tax credits on your RRSP+* at the end of the fiscal year when you file your income tax return.
Automatic bank withdrawals are also possible if you have a spousal RRSP+ or a non-RRSP+ account with the Fonds.
Note:
Cessation of new automatic bank withdrawals agreements
It will not be possible to set up new preauthorized withdrawals or to increase current preauthorized withdrawals for the current financial year.
This measure does not affect contributions made through payroll deductions or existing preauthorized withdrawal agreements.
How do I modify my automatic bank withdrawals?
To decrease the amount of an existing preauthorized withdrawal agreement
Call us at 1-800-567-3663
(Monday to Friday, 8:30 a.m. to 5 p.m.).
To cancel an agreement
Log in to your online account.
Calculate my tax savings
My annual taxable income is
I would like to contribute:
Tax savings: $1,437.50
tax return with a traditional RRSP
tax return with the Fonds' RRSP+
Thanks to the standard RRSP deductions and the additional 30% tax savings unique to the Fonds, your RRSP+
will only cost you $1,062.50
for an annual savings of $2,500
Why switch from one-time payments to automatic bank withdrawals?
There are several advantages to saving via automatic bank withdrawals:
Tax savings
Receive 30% in RRSP+ tax credits* in addition to the standard RRSP deduction.
Freedom
You determine how often and how much you want to contribute. It only takes a few minutes in your online account.
Peace of mind
Once you've set up your automatic withdrawals, you'll be making regular contributions to your savings goals without even having to think about it.
Regular contributions
Set up your automatic bank withdrawals today and contribute to your RRSP+ throughout the year, even if share issuance is limited.**
Most frequently asked questions
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*
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.
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.
Prospectus_En**In the event that share issuance is limited, signing new subscription agreements with automatic withdrawals or increasing automatic withdrawals under existing agreements may not be permitted. This measure does not affect FTQ savers who contribute through payroll deductions, who already contribute through automatic withdrawals, or who would like to purchase FlexiFonds mutual fund units.