PELs opened from January 2024 see their gross remuneration increase from 2% to 2.25%. The loan rate will automatically increase from 3.20% to 3.45%.
On the recommendation of the Banque de France, Bruno Le Maire, Minister of the Economy and Finance, announced a slight increase in the yield of the Housing Savings Plan, from January 1, 2024, which was specified in the Official Journal of December 15.
Only new PELs subscribed from January 1, 2024 are affected by the new rate of 2.25%. Old PELs retain the rate of remuneration set on the date of their opening.
PEL: what net rate depending on your situation
For plans opened since January 2018, interest are taxed with the single flat-rate levy (PFU) from the first year at the overall rate of 30% (12.8% taxes + 17.2% social security contributions). But people who are not taxable or pay very little tax often have an interest in opting for scale taxation to avoid paying the 12.8% tax. After application of taxation, the net rate of the PEL will be:
- 1,57 % (PFU) i
- 1.86% (social security contributions)
The loan rate will also increase by 0.25%, to stand at 3.45% before insurance.
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Medium-term savings support
Atypical product, the PEL operates in two phases :
- 1 we save,
- 2 we borrow.
The PEL is logically geared towards the purchase of real estate, but nothing obligatory! You can very well use this savings for another use, and never apply for a property loan.
The minimum payment period (to obtain the displayed rate) is 4 years, with a minimum of €540 per year (and a ceiling of €61,200). At the end of four years, it is possible to borrow at the rate set by contract, i.e. 3.45% for this generation of PEL (loan of €92,000 max).
2023-12-20 16:38:43
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