Preparing for retirement is a priority to ensure a peaceful future. The Retirement Savings Plan (PER) is a financial solution that allows you to build up long-term savings while benefiting from tax advantages. In addition to retirement insurance , it offers a flexible alternative to anticipate your cessation of activity and maintain a comfortable standard of living. Find out how it works and its benefits.
1. What is a Retirement Savings Plan (PER)?
The PER is a long-term savings plan set up by the PACTE law in 2019 to replace the old retirement savings products (PERP, Madelin, article 83). It allows you to build up capital or an annuity for retirement, with advantageous taxation.
There are three types of PER :
- PER Individual (PERIN) : Open to all, accessible on an individual basis.
- PER Collectif (PERCOL) : Offered by the employer as part of employee savings.
- Mandatory PER (PERO) : Intended for employees with a contribution obligation in their company.
2. How does the PER work?
The PER works on the principle of voluntary and progressive savings.
a. Payments and Advantageous Taxation
- Payments can be free or scheduled according to the saver's capacity.
- They are deductible from taxable income , which helps reduce income tax.
b. Capital or Annuity Exit
- At retirement age, the saver can recover his savings in the form of full or fractional capital , or in the form of a life annuity .
- In the event of the purchase of a primary residence, an early withdrawal of capital is possible.
c. Secure and Dynamic Savings
- Savings are invested in various media ( shares, bonds, secure funds ), allowing for interesting profitability potential.
3. What are the advantages of PER?
✅ Tax reduction : Payments are deductible from taxable income.
✅ Flexibility : Capital or annuity withdrawal upon retirement.
✅ Easy transmission : The PER can be transmitted to heirs with advantageous taxation.
✅ Security and profitability : Possibility of choosing investment vehicles according to the risk profile.
4. Why combine a PER with Retirement Insurance?
Retirement insurance allows you to supplement income from the general social security system, but it is often insufficient to maintain the desired standard of living.
🔹 A PER effectively complements retirement insurance by building up individual savings that the insured can withdraw according to their needs.
🔹 It ensures a more peaceful retirement by combining income from the compulsory scheme, a mutual pension fund and a savings plan.
Example :
- A self-employed person takes out a retirement insurance contract to guarantee additional income in the form of an annuity.
- At the same time, he feeds a PER , which he can recover in the form of capital to finance projects upon retirement (travel, property purchases, etc.).
5. Why Choose KT Assur&Bank for Your PER and Your Retirement Insurance?
At KT Assur&Bank , we offer retirement savings solutions tailored to everyone's needs:
✅ Personalized PER : Choose between a capital or annuity withdrawal depending on your objectives.
✅ Tax support : Maximize your tax benefits by optimizing your payments.
✅ Combined offers : Retirement insurance and PER for complete protection.
✅ Expert advisors : Personalized monitoring to build savings adapted to your situation.
Conclusion
The Retirement Savings Plan (PER) is an ideal solution to anticipate your retirement while benefiting from advantageous taxation. Combined with retirement insurance , it allows you to secure your financial future and provide additional income when you retire. Contact KT Assur&Bank today to discover our offers and set up your retirement savings now.