Savings: the list of the best regulated savings accounts according to your profile

Savings: the list of the best regulated savings accounts according to your profile


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Livret A, LDDS, LEP, CEL, PEL… all these contracts have one thing in common: they are part of the great family of investments regulated by the State. But which one should you choose to deposit your savings?

by jeffrey

At a time when inflation hit +6.1% for a year in July 2022, it may be appropriate to review your financial investments. As such, regulated savings contracts have more than one advantage to offer. Availability, remuneration, taxation… Livret A, LDDS, LEP, Livret Jeune, CEL and PEL do not all work in the same way, but they all offer the same level of security. How to make the right choice among so many possibilities? The list of the best investments regulated by the State.

The Livret d’Epargne Populaire (LEP) for its interest rate

With inflation rising rapidly, the French are grappling with the question of limiting the impact on their savings. Previously, this bulwark role fell to Livret A. But now, its interest rate is well below the level of the price increase, despite several revaluations. The last one was made on August 1, 2022 and currently the Livret A interest rate is 2% net. A rate identical to that of its little brother, the Sustainable and Solidarity Development Booklet (LDDS).

The Livret Jeune, meanwhile, is offered at least at the Livret A rate by banks and can therefore allow people aged 12 to 25 to benefit from better remuneration. In the family of regulated savings accounts, only the LEP stands out in terms of yield with an interest rate of 4.6% net from August 1, 2022. This investment, however, is reserved for the most modest, tax notice to support.

Good to know: in addition to being quite low, the interests of the current CEL (1.25%) and PEL (1%) are subject to income tax and social security contributions.

Livret A for its ease of subscription

Anyone present in France can request the opening of a Livret A, minors and adults included, without age limit. Homeless people can also open one at Banque Postale, and Livret A is also available to trustees, associations or even HLM organisations. Subscription to a PEL or CEL is also open to all natural persons who are older or younger.

On the other hand, the LDDS can only be opened by a taxpayer of legal age, excluding all minors as well as adults assigned to the fiscal domicile of their parents. The Livret Jeune is only available between 12 and 25 years old. Finally, the opening of a LEP is conditional on compliance with a certain reference tax income level: 20,297 euros per family quotient share in 2022.

The Housing Savings Plan (PEL) for your roof

Each regulated savings account has its own operation, including in terms of payment ceiling. Here, the advantage goes to the PEL, since it can hold up to 61,200 euros in savings. A figure well above that of the Livret A (22,950 euros), the CEL (15,300 euros), the LDDS (12,000 euros), the LEP (7,700 euros) and the Livret Jeune (1,600 euros).

On the other hand, it is necessary to pay at least 540 euros per year on your PEL, this in one go, in the form of a quarterly or monthly payment. This restriction is accompanied by a relatively low rate currently (1% gross), but which should increase in early 2023.

What about the availability of money?

All regulated savings accounts allow you to withdraw money very easily, by means of a simple transfer, as long as you leave a minimum amount of money in it: at least 10 euros for Livret A, 15 euros for LDDS and at least 300 euros for CEL . .. Only one contract is an exception: the PEL. In fact, partial withdrawals are prohibited. Therefore, any withdrawal request results in the closure of the PEL. Impossible to use it for a savings in which you want to be able to withdraw regularly.

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