How do I request to redeem shares in my RRSP+ with the Fonds?
If you are 55 or older, you can request the redemption of your shares for retirement from your online account or by phone. If you are under 55, please contact Saving Services.
Tax credit reminder
If you meet the conditions set out in the prospectus, you are eligible for tax credits of 30%[1] for labour-sponsored funds until the end of the tax year in which you turn 64 years of age. Note that by withdrawing your savings from the Fonds, in whole or in part, for retirement or disability purposes, you will no longer be eligible for these 30% tax credits on future contributions. This represents an additional tax savings of up to $1,500 per year until the end of the fiscal year in which you turn 64.[1]
Are you 55 or older and looking to withdraw funds from your RRSP+?
You can submit your redemption request in just a few steps through your online account.
Note: If you are under 65, proof of retirement may be required when you submit your first redemption request under this criterion.
Step 1:
Log in to your online account, then:
- Scroll down to the My Accounts — Fonds and Flexifonds section.
- Click on your RRSP+ account.
Step 2:
From the "Manage my investment" dropdown menu, select "Use my retirement savings."
Step 3:
Carefully read the information, then:
- Click the "Make a redemption request" button at the bottom of the page.
- Follow the steps provided.
You can also request a redemption of your shares by phone by contacting Saving Services.
Are you under 55?
We invite you to read the current redemption conditions to determine if share redemption by the Fonds is possible in your situation.
For any questions or requests to redeem shares before the age of 55, please contact Saving Services. Our team will be happy to assist you.
FlexiFonds – the logical extension of your Fonds experience
You can now transfer your RRSP+ savings to an RRSP with FlexiFonds[2] directly online as soon as you turn 55!
Offering 3 different mutual funds, FlexiFonds allows you to invest in a savings product tailored to your investor profile.
In addition, each of these funds is composed of 70% of assets related to the Québec economy, including 30% shares in the Fonds. Transferring your RRSP+ with the Fonds to an RRSP with FlexiFonds means continuing to participate in the Fonds' mission, which is to support Québec's economy.
1
The subscription for shares of the Fonds de solidarité FTQ may give rise to labour-sponsored fund tax credits. The tax credits amount to 30%, namely 15% at the Quebec level and 15% at the federal level, and are limited to $1,500 per fiscal year, which represents a $5,000 subscription for shares of the Fonds de solidarité FTQ.
2
About FlexiFonds de solidarité FTQ
FlexiFonds de solidarité FTQ inc., a wholly owned subsidiary of the Fonds de solidarité FTQ, is a mutual fund dealer duly registered with the Autorité des marchés financiers. FlexiFonds de solidarité inc. acts as the principal distributor of the FlexiFonds funds and does not distribute the units of any other mutual fund.
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 units of the FlexiFonds funds are not covered by the Canada Deposit Insurance Corporation nor any other government deposit insurer. The FlexiFonds funds are not guaranteed, their values change frequently, and past performance may not be repeated.
