The ceiling for Livret A is 22,950 euros. But the question is what to do when this is reached?
More and more savers have reached the ceiling of 22,950 euros a booklet. So here’s what you need to do in this particular case!
Booklet A: What to do when the ceiling is reached?
The a booklet Has a very good reputation due to its attractive rate of return. It generates 3% interest. So with a ceiling of 22,950, you can receive 688 euros. Quite a sum, isn’t it!
But for many savers, this ceiling is quickly reached. So the question arises, what are the other more interesting investment options? Know that there are many to ensure effective management of your money.
For example, you can open an LDDS that offers a rate of 3%. This is the younger brother a booklet. But its ceiling is low. It costs 12,000 euros. People with low income can also open a LEP.
This is a popular savings account with the most attractive rates. In fact, it is 6%. But it should come down in February due to lower inflation. Only low income earners can subscribe to it.
According to financial experts, there are many solutions. Like term accounts, which offer great stability. There is also life insurance that provides long-term financial security.
Not forgetting financial SICAVs which are liquid mutual funds. Our colleagues at La Plastergie also refer to the Boosted Rate Booklet with attractive rates.
Term accounts and life insurance are unanimously approved by the French. Because they also allow you to collect good interest at the end of the year. If you want to lock in funds for a longer period of time, term accounts are ideal.
Here are good options to follow
As for life insurance, it is a long-term savings solution. Contracts in Euro funds typically show a rate of return of 1.7% over 5 years. So you are spoiled for choice!
If you have already reached the ceiling of a booklet, Life insurance is an interesting option to better optimize returns. But for good taxation the recommended contract is 8 years.
Our colleagues in the plastics industry point out that the management of this booklet “ Investment of capital is involved in different vehicles, which present different levels of risk. However, this investment is riskier than a term account. »
You can also reinvest the interest to earn more money. And that’s not all! Because if you have reached the ceiling of a bookletYou can also choose one with a boosted rate.
But the returns are less attractive. So there are other savings options that are more beneficial. So don’t hesitate to inquire.
Please note that it is also very important to inform yourself carefully before opening it a booklet. Because the law stipulates that it is forbidden to open another.
In fact, each saver is entitled to only one a booklet. Otherwise, you risk approval. Especially since banks are more cautious when opening.
To take advantage of interesting benefits, there are also PERs. But it is important to be well informed as this type of investment represents more risk. Especially in these times of inflation.
