Each month, the “big savings meeting” (capital / radio heritage) answers your questions in the “your questions, our answers” sequence. Our experts – notaries, taxpiens, heritage advisers – accompany you on all your money questions. Today, Corinne, an employee paid in the minimum wage and tenant in HLM, questions the most suitable placement between the housing savings plan (PEL) and life insurance.
Guillaume Berthiaux, president of Sofidy Private Management, begins by encouraging Corinne’s approach, who wishes to start saving: “The most important thing is to start, even with modest means. The best way to constitute a heritage is time, so it’s always the right time to start. ”
Advantage of life insurance against PEL
And if it is necessary to choose between the two savings products envisaged by Corinne, it is life insurance which today seems more suited to its situation for Guillaume Berthiaux: “Life insurance is more flexible than PEL, because you can pay or remove more easily. And in terms of yield, it can offer better than The current 1.75% of the PEL. “ For the record, the gross average yield of euros in life insurance – that is to say the supports with guaranteed capital – was 2.6% in 2024.
Another advantage, and not least: advantageous taxation in the event of transmission. “By making payments before 70 years, Corinne will be able to designate the beneficiaries of her choice – her children for example – while taking advantage of a significant tax reduction”continues the expert. As a reminder, this reduction is to 152,500 euros per beneficiary for payments made before this age.
In summary, Corinne, even with modest income, life insurance allows you to keep your savings available, prepare your retirement with a more attractive return than the current PEL rate and organize the transmission of your savings with advantageous taxation.
Ask our experts to our experts
A question about your investments, a succession, your taxes or your real estate investments? Each month, we select several and submit them to our experts who will enlighten you on all the subjects that affect your money. To ask them your questions, an address: question@capital.fr
