RRSP+: Give more to your employees

A retirement savings plan offering an additional 30% in tax savings 1, 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.

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.

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.

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 a secure extranet
    • 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

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Find the answers to your questions

Here, you'll find answers to frequently asked questions.

Talk to one of our agents

You can reach us at 1-888-385-3723, Monday to Friday, between 8:30 a.m. and 4:30 p.m.

Log in to the employers' extranet

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 employers' extranet.

Legal notes
1 The Fonds de solidarité FTQ's shareholders will receive 15% in tax credits from the Québec government and 15% from the federal government. They are capped at $1,500 per fiscal year, which represents a $5,000 purchase of shares of the Fonds de solidarité FTQ.
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.
Prospectus En
2 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.
3 Example based on the 2021 taxation year for an individual with an annual taxable income of $31,500, at a marginal rate of 27.5%. The calculated amounts are estimates that can vary according to your tax situation.
4 Fair value of development capital investments as at May 31, 2021.
5 As at May 31, 2021.

Employers