RRSP+: How are the tax savings calculated?

Your savings are calculated by adding the additional 30% in tax savings offered by the RRSP+ with the Fonds to your marginal tax rate.
Based on your total gross annual income, you can determine your marginal tax rate (which ranged from 27.5% and 53.35% on average). The 30% in additional tax savings* you get with the RRSP+ at the Fonds gets added to this percentage. The 30% comes from the 15% in tax credits from the provincial government and the other 15% in tax credits of the federal government. Simply add your tax rate and the RRSP+’s additional 30% to determine your total tax savings.


*The tax credits granted to the shareholders of the Fonds are 15% at the federal level and 15% at the provincial level. Tax credits are capped at $1,500 per fiscal year, which represents a $5,000 purchase of shares of the Fonds de solidarité FTQ.

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Legal Notes
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 indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.