Enjoy 30%¹ more with an RRSP+
Keep an eye on your inbox! Registration for the random selection will begin on December 16, 2024.
As RRSP season approaches, the Fonds has set aside at least $75 million to help people contribute to RRSP+ plans via subscription to Fonds shares through one-time or automatic bank withdrawals. This will enable more people to save for retirement while benefiting from an additional 30%[1] in tax credits.
Don't have access to payroll deductions?
Register now and you could save up to $5,000.
Are you already contributing to your RRSP+ by subscribing to Fonds shares through automatic bank withdrawals?
If your current bank withdrawals total less than $5,000 in a single tax year, register now and you could be able to combine these new bank withdrawals with your existing ones to increase your share subscriptions to a maximum of $5,000.
Do you have access to payroll deductions at work?
Start or maximize your share subscriptions via payroll deductions now in My Online Account, which allows more people without access to payroll deductions to be selected.
Dates to remember
Registration period
December 16, 2024, to January 24, 2025[2]
Selection period
January 27 to February 22, 2025
Those selected will receive an email with instructions and have five days to set up bank withdrawals to subscribe to Fonds shares.
Subscription period
Starting from January 27, 2025
Automatic bank withdrawals for share subscriptions may be spaced out over a period ending on or before May 31, 2025.
Benefit from an additional 30% in tax credits with an RRSP+
In addition to the standard RRSP deductions, subscribing to Fonds shares could make you eligible for an extra 30% in tax savings[1].
That means that on a $5,000 investment, $1,500 would go right back in your pocket, on top of the standard RRSP deductions.
For a $5,000 investment
Regular RRSP
RRSP+ with the Fonds
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.
The steps of the random selection
Registration
Complete and submit your registration form between December 16, 2024, and 11:59 p.m. on January 24, 2025[2].
Provide the following information:
- Email address you already use or will use for your online account with the Fonds
- Last three (3) digits of your social insurance number (SIN)
Important! Don't forget 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. Don't see the email? Check your junk mail!
Selection
Registered persons will be randomly selected in waves from January 27 to February 22, 2025, or until the total amount of share subscriptions via bank withdrawal reaches the specified amount of at least $75 million during this random selection. Those selected will receive an email with instructions and a unique code valid for five (5) days. To avoid any unpleasant situations, don't forget to check your junk mail.
Share subscription
The selected individuals may purchase up to $5,000 in Fonds shares and transfer these shares to an RRSP+, spousal RRSP+, or non-RRSP+ with the Fonds. The shares may also be divided between these three accounts.
Those selected will have two bank withdrawal options:
- One-time withdrawal of a lump-sum payment of up to $5,000
- Automatic withdrawals to spread payments over a longer period, such as once every week, two weeks, or month, between now and May 31, 2025
If you don't already have an RRSP+ account with the Fonds, you can open one online. However, to open a new non-RRSP+ or spousal RRSP+ account, you will need to call Saving Services. An agent will be happy to guide you through the process.
If you are chosen during the random selection, do not cancel your existing subscriptions via automatic bank withdrawal. Simply add one or more bank withdrawals to reach your total desired share subscription amount.
Most frequently asked questions
