For this, Retirement Savings Scheme (PER) has become an essential tool Preparing for retirement in France. Designed to offer greater flexibility and attractive tax benefits, PER is attracting a growing number of savers. This article aims to demystify PER for beginners, its basics, its benefits, various options available and how.Effectively integrated with overall retirement planning strategy.
PER: Understanding the Basic Principles
A Retirement Savings Plan (PER) is a long-term savings system Designed for retirement preparation. It is characterized by its flexibility in terms of both payment and choice of investment. Savers have the option of making regular or one-time payments depending on their financial capacity. PERs are divided into two main categories: individual PERs, accessible to all, and company PERs, offered by employers.
Each type of PER has specific characteristics, but Both aim to build capital or annuity for retirement. Funds invested in PER are blocked until retirement, except in cases of early release provided by law, such as the purchase of a principal residence. This long-term savings allows you to build significant capital due to the cumulative effect of payments and compound interest.