Retirement: Managing your savings for the long haul

We'll help you optimize your finances.

Plan when and how to withdraw your savings and investments after retirement

If you want to maximize your savings, you'll need to plan when to use your various sources of income. A withdrawal plan lets you optimize the amounts you withdraw while minimizing your tax burden and maximizing your retirement income. Don't forget—your retirement could last a long time! That's why it's important to adopt a long-term vision and diversify your investments. Doing so will allow you to adapt to changing circumstances during retirement while enjoying your savings from day one.

FlexiFonds products: The next logical step in your journey with the Fonds

Note that you can easily remain in the Fonds family and transfer your Fonds products to FlexiFonds, either online or by calling 1-833-383-2121.

Choosing the right FlexiFonds savings products for your retirement

Every person's retirement is unique, and adopting a strategy that's tailored to your needs and reality is essential. You owe it to yourself to choose savings solutions that will allow you to take full advantage of your retirement while carrying out projects you care about so that you can enjoy this new chapter in your life to the fullest.

Taking advantage of different savings vehicles that complement each other can really pay off. For example, you can reap the benefits of various savings vehicles by combining a TFSA with an RRSP, a TFSA with a RRIF, or a TFSA with an RRSP and investment account.

TFSA with FlexiFonds products
Take advantage of tax-sheltered earnings.
Save for a project or boost your retirement income.
Learn more about the FlexiFonds TFSA
RRSP with FlexiFonds products
Take advantage of the RRSP tax deduction.
Maximize your retirement savings.
Learn more about the FlexiFonds RRSP
RRIF with FlexiFonds products
Transfer money from your RRSP+ to unlock retirement income while your savings continue to grow tax-free.
Learn more about the FlexiFonds RRIF
Investment account with FlexiFonds products
Keep saving, even if you've already reached your maximum RRSP or TFSA contributions with a non-registered savings vehicle.
Learn more about the Investment Account with FlexiFonds

Personalized advice and service you can trust​

The FlexiFonds mutual fund advisors are here to help you with your savings. With zero pressure and zero commissions, they put their expertise and skill at your disposal. They will be happy to answer your questions and help you choose among our FlexiFonds savings solutions.

Call the FlexiFonds mutual fund advisors at 1-833-383-2121

Redeem shares held in your RRSP+ with the Fonds

By saving with the Fonds, you benefitted from an additional 30% in tax savings.¹ If you're planning to retire, it's important to make sure you're eligible to withdraw your savings.

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Transfer your money to FlexiFonds

Did you know? You can transfer money directly from your RRSP+ with the Fonds to an RRSP or RRIF with FlexiFonds products via your online account. It's simple, fast, and secure!

TRANSFER TO FLEXIFONDS

  • You can withdraw the funds in your RRSP+ under the following conditions:

    • You're at least 45 years old • You receive a pension from an employer-sponsored registered pension plan • You own shares that you have held for at least 730 days (two years) • You comply with the minimum holding period for your acquired shares.

    To learn more about redeeming retirement funds before age 65, see our FAQ section.

  • Are you thinking of retiring, but aren't quite ready to stop working completely? Phased retirement is a great way to create a smooth transition from work to retirement. This option also allows you to keep earning professional income.

    As soon as you begin your phased retirement, you can request to redeem shares held in your RRSP+ with the Fonds if you meet the following criteria:

    • You're at least 50 years old • You've contributed to the Québec Pension Plan (QPP) for at least one year • You're a salaried employee • You've signed an agreement with your employer(s) to reduce your regular work hours by at least 20% until retirement

    To learn more about making a request to redeem shares as part of a phased retirement, please see our FAQ section.

  • Are you eligible for the Fonds' 30% in tax credits?¹

    Even if you're retired, you may be eligible to take advantage of an additional 30% in tax credits.¹

    Are you eligible for the Quebec tax credit?

    Yes, if you meet the following criteria:

    • You are between 45 and 64 years of age and you receive retirement income AND more than $3,500 in employment income (gross amount) or business income (net amount)

     Please note that if you have redeemed amounts from a labour-sponsored fund for retirement/pre-retirement or disability, you are no longer eligible for the credit

    • Your taxable income does not exceed the threshold to be eligible for the tax credits for workers' funds.

    No, in the following cases:

    • You are between 45 and 64 years of age and receive only retirement income • You are 65 or older • You've submitted a request to redeem your shares within 60 days • You've submitted a request to redeem your shares from a labour-sponsored fund due to disability

     This applies only to credits for shares acquired after the date of the redemption request

    • Your taxable income exceeds the threshold to be eligible for the tax credits for workers' funds.

    Are you eligible for the federal tax credit?

    Under federal legislation, a federal tax credit may only be granted if you're also eligible for the Quebec tax credit. Note that you may be able to claim a 15% tax credit from the Quebec government and a 15% tax credit from the federal government. For more information, please contact the Canada Revenue Agency at 1-800-959-7383.

    Note: In the case of a spousal RRSP+, both individuals must meet the eligibility criteria for the credits.

Homme dans un marais observe la nature avec des jumelles

Did you know?

Only shares for which the minimum holding period has been met, are eligible when you submit a request to redeem your shares. For example, if you own 100 Fonds shares, but 10 were purchased in the last two years, you will only be able to sell 90 of them immediately.

Brochure to download : Make the most of your savings, and your retirement

You've been saving for retirement all your life, and now it's time to make the most of it. To help you make the transition, the Fonds has prepared a few tips regarding withdrawal strategies, retirement income, and how to manage your personal finances.

Download the brochure

Most frequently asked questions

FlexiFonds
What is a mutual fund?
A mutual fund is a pool of money collected from investors. Managed by a fund manager, the allocation of the invested amounts is determined based on the fund's objectives.
More Details : What is a mutual fund?
FlexiFonds
Can I transfer my savings to FlexiFonds from another financial institution?
Yes. You can transfer a TFSA or RRSP to FlexiFonds by phone or directly online. To transfer a RRIF, you will need to call us.
More Details : Can I transfer my savings to FlexiFonds from another financial institution?
FlexiFonds
Do I get the 30% tax credits with the FlexiFonds offering?
The 30% tax credits are only available with the Class A shares of the Fonds. No labour-sponsored fund tax credit is applicable to FlexiFonds. With  FlexiFonds products, you get the tax benefits related to the savings vehicles offered and the opportunity to easily access your savings when you need them.
More Details : Do I get the 30% tax credits with the FlexiFonds offering?
FlexiFonds
Are the Fonds' savings products guaranteed investments?
Investments are not guaranteed, whether they are investments in the Fonds' shares or in FlexiFonds mutual funds.
More Details : Are the Fonds' savings products guaranteed investments?
FlexiFonds
Who can buy FlexiFonds mutual fund units?
Whether you're a Fonds saver or not, you can buy FlexiFonds mutual fund units if you are 18 years of age or older and reside in Québec.
More Details : Who can buy FlexiFonds mutual fund units?
FlexiFonds
Which savings vehicles are available with the FlexiFonds offering?
You can currently invest in an RRSP, TFSA, RRIF and an investment account.
More Details : Which savings vehicles are available with the FlexiFonds offering?

Give us a call, and let's talk about your plan!

1-800-567-3663

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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.

    Information
    All the information and data provided on this website 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 offer to purchase or sell the units referred to herein and should not be viewed as a recommendation. We recommend you consult your 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.

    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.