Should you choose an RRSP or a TFSA?

The higher your tax rate is, the more it's to your advantage to contribute to your RRSP. However, if you plan on withdrawing amounts in the short term, consider contributing to your TFSA.

An RRSP is a good option if you want to grow an asset sheltered from tax while benefiting from tax savings when you contribute.

You could then choose to invest in RRSP+ with the Fonds or RRSP with FlexiFonds.

To meet shorter-term life goals, such as buying a car or taking a trip, the TFSA is typically an appropriate savings vehicle.

To invest in a TFSA, discover the TFSA with FlexiFonds.

  • Fonds de solidarité FTQ

    Please read the prospectus before subscribing for shares of the Fonds de solidarité FTQ. 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.

    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.