Savings: “Can I remove on my PEL opened 10 years ago without closing it?”

In the “big savings meeting” (capital / radio heritage), Stéphane Van Huffel, president of SVH Conseil, responds to a listener who wonders about the possibility of withdrawing money from a housing savings plan (PEL) without closing it.

Capital video: Can I remove on my 10 year old PEL without closing it?

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Each month, the “big savings meeting” (capital / radio heritage) answers your questions in the “your questions, our answers” sequence. Our experts – notaries, taxpiens, specialists in investments – support you on all your financial concerns, whether inheritance, investment or taxation. Today, Stéphane Van Huffel responds to Rabah, who has a PEL opened in April 2014 and wonders if he can make a partial withdrawal without causing his fence.

Our expert is categorical: “No, unfortunately, Rabah, you cannot do a partial withdrawal on a PEL, as it would cause its immediate fence.” However, our listener has an advantage: “If your PEL was opened in 2014, it exceeded 10 years. Theoretically, you can therefore keep it up to his 15th anniversary, since it was opened before 2016. After 10 years, you can no longer make payments, but your savings continue to generate interest for another five years “recalls Stéphane Van Huffel.

Watch out for the opening date of your PEL when you suggest you close it

The PEL has a rare specificity on the savings market: “This is the only product that guarantees the same return, whatever the rates in force in the following years.” In the case of Rabah, “If it was opened in 2014, his remuneration is probably 2.5%, a rate he will continue to receive until the end of the regulatory period.” Thus, the expert recommends that Rabah not close his PEL too quickly: “He must first check if he has another savings that can be mobilized before touching his PEL. The bank is required to pay him his interests until the deadline, so it would be a shame to lose this advantage. ”

In conclusion, it is impossible to make a partial withdrawal on a PEL without closing it. However, for housing savings plans open before 2016, it is possible to keep them up to 15 years while benefiting from an often advantageous interest rate.

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