What's an RRSP?

An RRSP (Registered Retirement Savings Plan) is an investment vehicle that lets you save throughout your professional life to compensate for a financial need that may arise during your retirement.

In a sense, the amount you save in an RRSP represents a safety net that will help you meet your financial needs once you're retired. An RRSP makes it possible for the subscriber to defer the tax to be paid until later and deduct the amount they contribute from their eligible taxable income. It also makes it possible to grow the amounts invested as well as any returns sheltered from tax until they are withdrawn.

When you choose the RRSP+ at the Fonds, you benefit from additional tax savings[1] over and above the usual RRSP tax deduction.

You can also choose to invest in the RRSP with FlexiFonds. This savings vehicle doesn't provide additional tax savings, but it lets you access your money when you need it.

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    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.

    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.