Save with every paycheque when you opt for payroll deductions
Learn how payroll deductions can help you save more in your RRSP+, for much less.
How does it work?
To benefit from this plan, your employer must offer the RRSP+ via payroll deduction with the Fonds. This option allows you to choose the amount that will be deducted from each paycheque and deposited in your RRSP+.
Because the amount is taken directly from your paycheque, you benefit immediately from an additional 30% in tax savings1 on top of the standard RRSP deduction. For example, a $100 contribution to your RRSP+ could end up costing you only $42.50.2
Tip
To find out if your employer offers the RRSP+ via payroll deduction with the Fonds, simply ask your payroll department or call us at 1-800-567-3663. If payroll deductions are not an option, it may still be possible to save through automatic bank withdrawals!
Calculate your payroll deduction
Result
Real cost to you: $0.00
Amount deducted per pay | $0.00 |
---|---|
RRSP deduction | $0.00 |
+ 30% tax credit | $0.00 |
Real cost | $0.00 |
Indicate $0.00 per pay in the 'Amount to be invested' field when you fill out your contribution form.
Notes
Calculated amounts are estimates which may vary depending on your tax situation. Note that the income tax brackets and tax rates used are established according to the current fiscal rules as of January 1, 2023.
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.
The benefits of payroll deductions
Tax savings
Receive an extra 30% in tax credits¹ when you contribute to an RRSP+ with the Fonds, in addition to the standard RRSP deduction.
Simplicity
If your employer offers payroll deductions, you can set up your contributions in just minutes from your online account. Modify or cancel your contributions at any time.
Peace of mind
Once you've set up your payroll deductions, you can contribute throughout the year to work toward your savings goals without having to think about it, even if share issuance is limited.
Deduction at source
Reduce the net amount of your withdrawals while benefiting from tax savings with every paycheque.
Most frequently asked questions

A Saving Services agent will be delighted to assist you.
For service tailored to your needs, call us
Monday to Friday, 8:30 a.m. to 5 p.m.
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1
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_En2Example based on the 2021 taxation year for an individual with an annual taxable income of $40,000, at a marginal rate of 27.53%, who receives tax savings immediately on each paycheque. The calculated amounts are estimates that can vary according to your tax situation.