Posted Sep 28, 2022, 10:01 AM
As Thibaut Cossenet, director of the financial offer of the Le Conservateur group, constantly reminds us, “time, which ‘crushes’ risk, remains the best of allies for improving one’s assets”. With this in mind, three classics are essential to optimize your retirement savings strategy.
1. Life insurance, the base
Sold in all financial networks in standard or heritage mode, multi-support life insurance remains the first all-terrain retirement investment to both secure (therefore monetize if necessary) a fraction of its capital using the fund in euros while maintaining good margins for active management via allocation in UC (units of account).
As a reminder, only the gains of the contract are taxable in the event of withdrawal (they escape the tax authorities as long as they are capitalized) on the basis of a flat-rate deduction, the rate of which varies according to the dates of opening of the contract and registration. bonuses.
After eight years, income benefits from an annual allowance of €4,600 (€9,200 for a couple) which, properly adjusted, allows each year to benefit from additional tax-free income (beyond the levy of 7.5% or 12, 8% if the amounts of life insurance held by the subscriber exceed €150,000).
2. Tontine, management on the horizon
A 300-year-old cousin of life insurance, whose tax system it shares, the tontine (which has become almost exclusively part of the Le Conservateur group) is a “collective association for life savings” with an incompressible duration of 25 years, to which we adhere. at least 10 years (no premature exit is possible).
Freed from any liquidity constraint, the managers of the tontine can therefore draw on performance from different market segments before securing their portfolio as the association’s liquidation date approaches.
As for the subscriber who has chosen to spread his payments over ten or fifteen tontines on successive maturities called “cascading”, he can optimize the reduction of €4,600 (or €9,200 for a couple) according to their respective outcomes, to benefit from a tax-free supplement for ten or fifteen years.
3. PEA, the stock exchange supplement
Made more flexible by the Pacte law, the stock savings plan, enriched with its SME version, allows, within the limit of €225,000 in payments (€450,000 for a couple), to build up a tax-free portfolio of shares subscribed in the form of live securities, mutual funds (containing at least 75% of shares) or even private equity in proportions now left to the subscriber’s hand.
Subject to not making any withdrawals before five years (except disability, dismissal, early retirement), the capital gains realized within the framework of the PEA are exempt from tax (social security contributions remain due). And if the subscriber opts for a life annuity, it will also escape tax.
