RRSP+: Give more to your employees

A no-fee, turnkey solution offering an additional 30% in tax savings¹, it's a good decision.


Set yourself apart from other employers by offering the RRSP+ by payroll deduction

Payroll deductions help your employees save automatically by deducting contributions to their RRSP+ directly from their pay. They benefit from immediate income tax savings, which helps them put money aside more easily.

Traditional RRSP

RRSP+ with the Fonds

Over 15,800⁴ Canadian employers offer this benefit.

Apply today

Save for retirement and more

By helping your employees save more with the RRSP+, you're lending a hand not only with their retirement plans, but also with life projects like buying a house or going back to school.

Find out how to set up an RRSP+

Choosing an alternative to the VRSP

An RRSP+ by payroll deduction is simple to set up and enables you to meet the requirements of VRSP legislation while offering your employees more options.

Download the Employer brochure

A win-win solution

For employers:

Ready-to-use tool that's simple, fast, and free
  • Adapted to your payroll process
  • Easy to manage using the Espace employeur, a secure website
  • Includes personalized support service
Voluntary contributions to your employees' RRSP+²
Excellent tool for attracting and retaining talent

For your employees:

Advantageous savings solution that makes it easier to save
  • Tax savings directly from their pay
  • Standard RRSP deduction still applies
  • Additional 30% in tax savings¹
Freedom to set contribution amount and modify or stop deductions at any time
Opportunity to invest in the local economy

Find out how to set up an RRSP+

Tips and tools for creating a distinctive employee experience

Discover our tips on facilitating employee recruitment and retention while adapting to the realities of Québec SMEs.

Find out more about the RRSP+ by payroll deductions

Learn more about our retirement savings plan giving more to your employees, tools that make setting it up easy as well as concrete examples of tax credits your employees can benefit from, with or without employer contributions.

Download the Employer brochure

Most frequently asked questions

RRSP+ by payroll deduction
What's the difference between the Fonds de solidarité FTQ RRSP+ and a traditional RRSP?
Compared to a traditional RRSP, the RRSP+ at the Fonds offers your employees not one, but two tax benefits: The deduction applicable to any RRSP and the Fonds' additional 30 percent tax credit.¹
More Details : What's the difference between the Fonds de solidarité FTQ RRSP+ and a traditional RRSP?
RRSP+ by payroll deduction
What are the benefits of the Fonds de solidarité FTQ RRSP+ by payroll deduction?
They are many: additional 30 percent tax credit¹, free implementation, easy to manage, tool to build employee loyalty, contribution to Québec's economic growth, and an alternative to the VRSP.
More Details : What are the benefits of the Fonds de solidarité FTQ RRSP+ by payroll deduction?
RRSP+ by payroll deduction
Can I contribute to my employees' RRSP+ instead of offering a cash bonus?
Yes. In fact, this is a great way to give more to your employees. Amounts you pay your employees in the framework of an RRSP+ contribution program are not included in your payroll taxes.¹ Unlike traditional bonuses, these contributions have no impact on your deductions and employer contributions.
More Details : Can I contribute to my employees' RRSP+ instead of offering a cash bonus?

Talk to one of our agents

You can reach us at 1-888-385-3723, Monday to Friday, between 8:00 a.m. and 4:00 p.m.

Offer RRSP+ to your employees

Begin your enrollment process online now!

Submit an enrollment request

Log in to the Espace employeur

You can manage all aspects of your company's payroll deduction plan online. A wide range of documents for you and your employees is also available on the Espace employeur.

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    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.

    The employers' RRSP voluntary contribution is not accounted for in the payroll or social security charges. It therefore has no impact on employer's deductions and contributions.
    Example based on the 2024 taxation year for an individual with an annual taxable income of $31,500, at a marginal rate of 26.5%. The calculated amounts are estimates that can vary according to your tax situation.
    As at November 30, 2023.