The TFSA and RRSP with FlexiFonds products
Discover the benefits of these two savings vehicles.
Contribute nowTFSAs and RRSPs allow you to invest your savings to achieve your goals. As registered savings vehicles, they have distinct yet complementary tax benefits. With FlexiFonds products, you can invest your savings in the local economy and carry out the projects you care about.
Useful things you can do with your TFSA:
Carry out a project: home renovations, travel, a wedding, etc.
Finance your retirement
Buy a home (without the HBP)
Useful things you can do with your RRSP:
Finance your retirement
Buy a home (with the HBP)
Go back to school
| TFSA with FlexiFonds products | RRSP with FlexiFonds products | |
|---|---|---|
| Main savings objective | Carrying out a project | Planning your retirement |
| Tax-deductible contributions | No | Yes |
| 30% tax credits only available with the Fonds | No | No |
| Taxable withdrawals | No | Yes |
| Contribution room | $7,000 for the year 2026 and up to $109,000 if you have never contributed to a TFSA and turned 18 before the year 2009 | 18% of your income earned in the previous year up to a maximum of $32,490, which is the annual contribution limit for the 2025 tax year |
| Contribution deadline | None | March 2, 2026, for the 2025 tax year |
| Minimum age | 18 | As soon as you have declared income in the previous year |
| Maximum age | None | 71 |
TFSA: Maximize your returns tax-free
The TFSA is much more than a savings account! Since you're investing net money and there are no deductions at the time of your contribution, the return on your investments will not be taxed. Indeed, the TFSA is extremely useful for medium-term projects—and the more you put your savings to work, the more it pays off!
Learn more about the TFSA with FlexiFonds products
RRSP: Defer the tax payable
The great thing about an RRSP is that your contributions are tax deductible. This means you can save for retirement while reducing your taxable income, which can be very beneficial if you have a high income. However, as soon as you withdraw money from your RRSP, it's added to your income and you must pay your fair share of taxes, unless you withdraw your money to take advantage of the HBP or LLP.
Learn more about the RRSP with FlexiFonds products
Why choose FlexiFonds products?
70% of FlexiFonds mutual fund assets are related to the local economy.
Most frequently asked questions
These articles may be of interest to you
Information
All the information and data provided are for information purposes only; they are not intended to provide advice or recommendations of a financial, legal, accounting or tax nature with respect to investments. Although they are deemed reliable, no representation or warranty, express or implied, is made as to the accuracy, quality or completeness of this information and data. The opinions expressed should not be construed as a solicitation or an offer for the subscription or sale of shares of the Fonds de solidarité FTQ or the units referred to herein and should not be viewed as a recommendation. We suggest you consult your legal advisor.
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.
Trademarks
FlexiFonds, FlexiFonds Conservative, FlexiFonds Balanced and FlexiFonds Growth and the other trademarks displayed on this site are registered trademarks of the Fonds de solidarité FTQ. Other companies' trademarks are used with permission or under license. All rights reserved. Trademark references on this site should not be construed as an implied authorization to use such trademarks.
Access and site availability
The website is the property of Fonds de solidarité FTQ. By using the website, you agree to the following terms of use. You acknowledge and agree that the Fonds de solidarité FTQ may restrict, suspend or revoke your access to or use of all or part of the site, including links to third party sites, at any time, with or without cause, in its absolute discretion, without notice or liability. The Fonds de solidarité FTQ does not guarantee that this site will be available and meet your requirements or that access to this site will be uninterrupted. Availability downtime may occur at any time, without notice, including downtime required for maintenance or technical reasons.
