Fonds' random selection

Register by 11:59 p.m. on May 20, 2024.

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To help workers who wish to save for retirement but do not have access to payroll deductions, the Fonds has set aside an additional amount of at least $75 million for new contributions to the Fonds via bank withdrawals. Thanks to the random selection, more Québecers will be able to contribute to their retirement savings while benefiting from the additional 30% in tax credits specific to labour-sponsored funds.[1]

From May 6 to May 20, 2024, register for the Fonds’ random selection. Selected savers will have the opportunity to contribute up to $5,000 to an RRSP+, non-RRSP+, or spousal RRSP+ with the Fonds between June 1, 2024, and May 31, 2025.

Who can register?

All Québec residents aged 18 and over. You can register for the random selection whether you're already a Fonds saver or not. Other conditions apply.

See all conditions

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The steps of the random selection

1

Registration

Fill in and submit your registration form between May 6 and May 20, 2024, before 11:59 p.m.

You must provide:

  • The email address you use or will use for your online account with the Fonds
  • The last 3 digits of your social insurance number (SIN)
  • Your desired contribution amount, between $10 and $5,000

Important! Remember to confirm your identity via the email sent to you immediately after submitting the form. Once you complete this step, you will be officially registered. Nothing happening? Check your spam folder!

2

Selection

Starting June 1, 2024, savers will be selected at random until the collective contributions via bank withdrawals reach the predetermined amount of at least $75 million. To avoid any unpleasant situations, don't forget to check your spam folder.

3

Contribution

Starting June 1, 2024, selected savers will receive an email with instructions on how to contribute to the Fonds through the random selection.

Savers can contribute to any of the Fonds' three savings vehicles: the RRSP+, the spousal RRSP+, and non-RRSP+. Contributions can even be split between more than one vehicle if needed.

Selected savers will have two options for making contributions via bank withdrawals:

  • One-time withdrawal: For example, making a lump-sum payment of $5,000.
  • Automatic withdrawals: Spreading the total contribution over weekly, biweekly, or monthly withdrawals between June 1, 2024, and May 31, 2025.
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Most frequently asked questions

Random Selection
What is the Fonds' random selection?
To help workers who wish to save for retirement but do not have access to payroll deductions, the Fonds has negociated with with the Québec government an additional amount of at least $75 million for new contributions via bank withdrawals.
More Details : What is the Fonds' random selection?
Random Selection
Who is eligible for the random selection?
All Québec residents aged 18 and over, whether or not they are already Fonds savers.
More Details : Who is eligible for the random selection?
Random Selection
Am I eligible for the 30% tax credits when I contribute to an RRSP+ with the Fonds through the random selection?
The same criteria apply whether or not you contribute through the random selection. For example, as of the year in which you turn 65, you are no longer eligible for these tax credits.[1]
More Details : Am I eligible for the 30% tax credits when I contribute to an RRSP+ with the Fonds through the random selection?
Random Selection
How much can I contribute through the random selection?
Your contribution can range from $10 to $5,000.
More Details : How much can I contribute through the random selection?
Random Selection
Can I register for the random selection if I already contribute to the Fonds?
Yes. You can register whether you're already a Fonds saver or not.
More Details : Can I register for the random selection if I already contribute to the Fonds?
Random Selection
How do I know if I have been selected?
Keep an eye on your inbox! Starting June 1, if you are selected, you will receive an email with the subject line "You've been picked as part of the random selection". It will contain a unique code, which you will need to make your contribution. Once received, the code will be valid for 10 days.
More Details : How do I know if I have been selected?
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Register for the 2024 random selection today

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  • 1

    The acquisition of 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 purchase of shares of the Fonds de solidarité FTQ. On March 1, 2024, The Government of Québec announced in Information Bulletin 2024-3 that tax legislation would be amended to postpone by three years the rule providing that the tax credit would be available only to individuals whose taxable income for a given taxation year was below the highest tax rate. Please note that this postponement may be subject to legislative changes.

    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.