Average Owner of a Fonds de solidarité FTQ RRSP Will See a Tax Increase of $425.15 as a Result of the Conservatives' Budget

MONTREAL, March 22, 2013 /CNW Telbec/ - The Conservatives' decision to phase out the tax credit for labour-fund contributions by 2017 will cost holders of a labour-fund RRSP an average of $425.15 more in taxes.

For the 12 months ended February 2013, Fonds shareholders contributed an average of $2,834.33 to their Fonds RRSP. Once the 15% tax credit is eliminated in 2017, they will see their taxes go up by $425.15 on average.

"With retirement planning becoming increasingly more urgent for Quebecers, it is unconscionable for the Conservative government to eliminate this important savings incentive," said the Fonds' Executive Vice-President of Shareholder Services, Denis Leclerc.

SOURCE: Fonds de solidarité FTQ

Information pour les journalistes seulement :
Patrick McQuilken
Conseiller principal aux relations de presse et aux communications
Fonds de solidarité FTQ
Téléphone : 514 850-4835
Cellulaire : 514 703-5587
Courriel : [email protected]

Le Fonds de solidarité FTQ sur le Web:
Site web: www.FondsFTQ.com
Facebook: www.facebook.com/FondsFTQ
Twitter: www.twitter.com/FondsFTQ
YouTube: www.youtube.com/FondsFTQ