With an interest rate maintained at 3% until 2025, Livret A is one of the French’s favorite savings products. A safe way to protect your money while making very attractive profits.
In 2023, the French were particularly concerned about the 28.6 billion euros placed in livres, the Caisse des Dépôts (CDC) showed. With this new amount, it surpassed the previous record, which was 28.16 billion. ” We observe a marked preference in the French for saving… The French are cautious, and particularly like to save on the livret a. This behavior harms consumption. », explained Philip Crevel, Director of Savings Circle.
In addition to its 3% rate, Livret A is also highly appreciated by the French for the absence of fees (opening, deposit, withdrawal and closing) as well as exemption from income tax. In addition, Livret A can also be combined with other savings schemes, such as LEP, Youth Savings Account or LDDS. In France, about 55 million savers have Livret A accounts.
How much will Leverett bring in this year?
With a payout ceiling set at 22,950 euros, it’s important to know what benefits to expect from investing your money in Livret A. Thus, for an investment of up to 20,000 euros, the profit to be realized at Leverate A is estimated. 600 euros in 2024, based on a rate of 3%, suggests the exclusive site Meilleurtaux.com. Based on the same calculation, for an investment of 10,000 euros, the expected profit is therefore 300 euros. As a reminder, the money deposited as well as the interest on Livret A can be withdrawn at any time according to the wish of the saver.
If, like some savers, you’ve reached the limits of your Livret A account, you need to know what to do with your extra savings. Indeed, an expert in the field explained to Meilleurtaux.com that when the Leverate A ceiling is reached, savers turn to other investments that have benefited from the revaluation of their rates, in particular term accounts, life insurance, financial SICAVs or even boosted rates. booklet.
As a reminder, holding many similar savings products is strictly prohibited. Therefore, to prevent savers from being duped by this unauthorized practice, the opening controls have now been strengthened. Indeed, from January 1, 2024, all regulated savings products are subject to systematic controls while subscribing to the new contract.
