{"id":293,"date":"2026-01-29T14:47:40","date_gmt":"2026-01-29T13:47:40","guid":{"rendered":"https:\/\/balmontconseil.com\/?page_id=293"},"modified":"2026-08-26T18:45:25","modified_gmt":"2026-08-26T16:45:25","slug":"per-individuel","status":"publish","type":"page","link":"https:\/\/balmontconseil.com\/en\/nos-solutions\/per-individuel\/","title":{"rendered":"Individual retirement savings plan and wealth management"},"content":{"rendered":"<p class=\"wp-block-paragraph\">\u00ab&quot;Alexis, I pay too much tax and my future retirement pension is going to be very meager compared to my current income. What can I do to transform my current tax burden into future income?&quot;\u00bb<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This issue is a daily reality for managers, for <strong>self-employed workers<\/strong> and savers that we support at <strong>Balmont Conseil<\/strong>. The answer often lies in a tool born from the <strong>PACTE law<\/strong> : THE <strong>Individual PER<\/strong> (Retirement Savings Plan).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a strategy of <strong><a href=\"https:\/\/balmontconseil.com\/en\/gestion-de-patrimoine\/\">wealth management<\/a><\/strong>, The PER is not just a simple savings vehicle. It&#039;s a financial engineering tool that allows you to leverage your <strong>marginal tax rate<\/strong> (TMI) to maximize your <strong>capitalization<\/strong>. As an Augmented Asset Engineer, my mission is to show you how this system integrates into your overall architecture to secure your <strong>retirement ambition<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. What is an individual PER and how does it work?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">THE <strong>Individual PER<\/strong> (or PERin) is a long-term savings product that allows you to build up a supplementary income for the\u2019<strong>retirement<\/strong>. It replaced older devices such as the <strong>PERP<\/strong> or the contracts <strong>Madelin<\/strong>, by harmonizing operating rules and offering unprecedented flexibility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The three compartments of the PER<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Although we are focusing on the individual PER, it is essential to understand that it is part of a three-tiered structure provided for by law:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Compartment 1:<\/strong> THE <strong>voluntary contributions<\/strong> (the core of the individual PER).<\/li>\n\n\n\n<li><strong>Compartment 2:<\/strong> Employee savings plans (profit-sharing, participation, matching contributions).<\/li>\n\n\n\n<li><strong>Compartment 3:<\/strong> Mandatory payments (employer\/employee contributions).<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>subscription to a PER<\/strong> The individual account allows you to primarily fund the first compartment with your personal contributions, but it can also accommodate the <strong>savings transfer<\/strong> from your previous contracts or company retirement savings plans.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Tax and estate planning benefits: Why is the PER essential?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">L&#039;\u2019<strong>tax optimization<\/strong> is the main driver of the PER. Its operation is based on a principle of tax deferral, particularly powerful for households in the higher tax brackets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Tax advantages and deductions upon entry<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The major advantage of the PER is the possibility of deducting your contributions from your taxable income.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Concrete example:<\/strong> A framework whose <strong>marginal tax rate<\/strong> is 41. % pays \u20ac10,000 into his PER (retirement savings plan). His immediate tax savings are \u20ac4,100. The actual savings effort is only \u20ac5,900, while \u20ac10,000 is working in the financial markets. These <strong>tax advantages<\/strong> are the main lever for long-term capital growth.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The deduction limit and specific tax rules<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This deduction is limited by a <strong>deduction limit<\/strong> annual (approximately 10 % of business income). For the <strong>self-employed workers<\/strong>, This ceiling is increased, offering a capacity of <a href=\"https:\/\/balmontconseil.com\/en\/ressources\/etudes-de-cas-patrimoniales\/defiscalisation-des-hauts-revenus-strategies-et-optimisation\/\">tax exemption<\/a> even more important. Among the <strong>tax specifics<\/strong>, Note that if you do not use your entire limit, it can be carried forward to the next three years, offering valuable flexibility for irregular income.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Terms and conditions of membership in the PER<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>subscription to a PER<\/strong> is not subject to means testing, but certain <strong>conditions of membership in the PER<\/strong> must be respected according to the financial institutions (banks, insurers, brokers).<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Accessibility:<\/strong> The PER is open to all, without age restrictions (although its appeal is limited for minors since recent reforms) or professional status.<\/li>\n\n\n\n<li><strong>Management fees:<\/strong> When joining a plan, it is crucial to analyze entry fees, switching fees, and annual management fees. At Balmont Conseil, we favor contracts with lower fees to maximize net performance.<\/li>\n\n\n\n<li><strong>Payments:<\/strong> THE <strong>conditions of membership in the PER<\/strong> generally provide for a minimum initial payment, followed by free or scheduled payments according to the saver&#039;s wishes.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Transfers between savings schemes: Full portability<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the great successes of the PACTE law is that it has facilitated the <strong>transfers between savings schemes<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Consolidate your assets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you have accumulated several contracts throughout your career (a Madelin plan with a former insurer, a PERP plan with another bank), you can apply for the <strong>savings transfer<\/strong> towards a single PER. This allows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A consolidated view of your <strong>retirement ambition<\/strong>.<\/li>\n\n\n\n<li>A potential reduction in overall costs.<\/li>\n\n\n\n<li>Access to new capital exit options, often absent from older contracts.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Transfer of assurance-vie to a retirement savings plan (PER)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There are temporary and specific measures that encourage the transfer of life insurance to a PER (Retirement Savings Plan), with doubled tax allowances under certain conditions (contract held for more than 8 years and redemption made more than 5 years before retirement age). This is a lever for...\u2019<strong>tax optimization<\/strong> major for redirecting liquid savings towards tax-deductible retirement savings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Lump sum payout or life annuity: The choice of freedom<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the major advances of the PACTE law is the end of the obligation to take out an annuity, thus offering a real <strong>wealth management<\/strong> personalized at the time of departure.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Capital exit<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At the\u2019<strong>retirement<\/strong>, You can now opt for a <strong>capital exit<\/strong>, either in one lump sum or in installments. This is ideal for financing a project (purchase of a second home) or for managing your own withdrawals according to your needs, while controlling the progressive taxation of the capital recovered.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The life annuity<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For those who prioritize safety, the <strong>life annuity<\/strong> It remains possible. Several options exist to adapt to your family situation:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Reversible annuity:<\/strong> To protect the surviving spouse.<\/li>\n\n\n\n<li><strong>Annuity with guaranteed payments:<\/strong> To ensure the payment of a minimum annuity, even in the event of early death.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. Cases of early withdrawal: When savings become liquid<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The PER (Retirement Savings Plan) is a tunnel whose exit is normally planned at retirement. However, the law provides for <strong>early release case<\/strong> to cope with life&#039;s unexpected events or to achieve a major life project.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Purchase of primary residence:<\/strong> This is a revolution for young professionals. You can use your retirement savings (voluntary contributions) to finance your down payment. This is one of the <strong>tax specifics<\/strong> The most attractive: the money deducted upon entry is used to acquire your home.<\/li>\n\n\n\n<li><strong>Accidents in life:<\/strong> End of unemployment benefits, disability, death of spouse, <strong>over-indebtedness situation<\/strong>, or cessation of activity following judicial liquidation. In these cases of force majeure, the capital is exempt from income tax (only social security contributions on gains are due).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. Investment strategies: Managed or self-directed?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Your performance <strong>retirement savings<\/strong> depends on\u2019<strong>asset allocation<\/strong>. At Balmont Conseil, we help you choose the right level of risk for your profile.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Managed accounting (default)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To protect the saver, the PER offers by default a <strong>managed<\/strong> over time. The further you are from retirement, the more savings are invested in stocks (high return potential). As the retirement date approaches, the <strong>financial investments<\/strong> are secured towards <strong>euro funds<\/strong> or the <strong>secure area<\/strong> of the plan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Free management<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For experienced or advised investors, the <strong>free management<\/strong> allows you to precisely choose your investment vehicles: unit-linked funds (stocks, bonds), SCPIs (commercial real estate), or trackers (ETFs). This allows a <strong>asset diversification<\/strong> much more refined and adapted to economic cycles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>8. Steps for subscribing to an individual retirement savings plan (PER)<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Conducting a wealth assessment:<\/strong> Assess your current marginal tax rate and your future needs.<\/li>\n\n\n\n<li><strong>Choosing the right contract:<\/strong> Compare the <strong>conditions of membership in the PER<\/strong> and the technical costs.<\/li>\n\n\n\n<li><strong>Define the payment strategy:<\/strong> Scheduled payments to smooth out the risk or one-off payments at the end of the year to adjust your tax situation.<\/li>\n\n\n\n<li><strong>Optimize transfers:<\/strong> Analyze the interest in <strong>transfers between savings schemes<\/strong> to consolidate your old contracts.<\/li>\n\n\n\n<li><strong>Select the management mode:<\/strong> Arbitrating between simplicity (controlled) and tailor-made performance (free).<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>9. FAQ: Everything you need to know about the Individual Retirement Savings Plan (Masterclass)<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Q1. Can I transfer my life insurance to a PER?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, it&#039;s a powerful tax optimization strategy. If your life insurance contract is more than 8 years old and you are more than 5 years from retirement, you benefit from a doubled tax allowance on the gains from the life insurance policy upon transfer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q2. What happens to my old Madelin or PERP contracts?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They continue to exist, but you have every interest in requesting a transfer of savings to an individual PER to benefit from the lump sum payout and the new advantageous tax features.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q3. How is the exact tax benefit calculated?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The saving is equal to the amount paid multiplied by your marginal tax rate. If you pay \u20ac5,000 and your marginal tax rate is 30%, you save \u20ac1,500 in taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q4. Is the release of funds for the main residence taxable?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. The redeemed capital is added back to your taxable income (excluding capital gains taxed at 30% of the % rate). Therefore, you must factor in a tax bracket for this redemption to avoid negating the benefit of the initial deduction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q5. Can we have multiple PERs?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Absolutely. Subscribing to a retirement savings plan (PER) with different insurers allows you to diversify counterparty risk and multiply your management options. However, the overall deduction limit remains the same.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q6. What is &quot;horizon&quot; managed investment?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is an automatic mechanism that reduces exposure to financial risks as you get older, securing your capital in guaranteed investments as you approach retirement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q7. Is the PER protected in the event of the insurer&#039;s bankruptcy?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, he benefits from the protection of the Personal Insurance Guarantee Fund (FGAP) up to \u20ac70,000 per insured person and per company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q8. Can I waive the tax deduction?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. In this case, upon withdrawal, you will not be taxed on the capital received. This is a relevant strategy if you currently pay little tax but expect to pay a high tax rate in retirement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q9. Is this suitable for minor children?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2024, the opening of PERs (Retirement Savings Plans) for minors has been restricted by law to limit tax deduction abuse by parents. Consult Balmont Conseil for alternative savings plans for your children.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q10. What happens to protected persons (guardianship\/curatorship)?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The individual PER is accessible to protected persons, as it contributes to the protection of savings over the long term, subject to the agreement of the guardian or the judge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q11. How do transfers between company and individual savings plans take place?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can transfer your group (company) retirement savings plan to your individual retirement savings plan as soon as you leave your company. This allows you to maintain full control over your investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Q12. What are the specific tax implications in the event of death?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the policyholder dies before age 70, the beneficiaries each benefit from a tax-free allowance of \u20ac152,500. After age 70, the allowance drops to a total of \u20ac30,500, but capital gains remain tax-exempt. It&#039;s a remarkably effective estate planning tool.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: The PER, a cornerstone of your future independence<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">THE <strong>Individual PER<\/strong> is much more than a product of\u2019<strong>retirement savings<\/strong> ; It&#039;s a tax transformation lever that benefits your assets. By combining immediate deduction, long-term capitalization, and flexible withdrawal options, it stands out as the ultimate tool for any saver concerned about their future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, its effectiveness depends on precise adjustments: choice of contract, selection of investment vehicles, analysis of <strong>conditions of membership in the PER<\/strong> and anticipation of exit taxation. At <strong>Balmont Conseil<\/strong>, We combine human expertise with the power of AI to calibrate your strategy according to your overall situation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Your future should not depend on mandatory schemes. Build your own security.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.google.com\/search?q=https:\/\/balmontconseil.fr\/contact&amp;authuser=4\" target=\"_blank\" rel=\"noopener\">Schedule an appointment with Alexis Sagnier for your Retirement &amp; Tax Review<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00ab Alexis, je paie trop d&rsquo;imp\u00f4ts et ma future pension de retraite s&rsquo;annonce bien maigre par rapport \u00e0 mes revenus actuels. Que puis-je faire pour transformer ma fiscalit\u00e9 d&rsquo;aujourd&rsquo;hui en revenus de<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":69,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-293","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/comments?post=293"}],"version-history":[{"count":1,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/293\/revisions"}],"predecessor-version":[{"id":1181,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/293\/revisions\/1181"}],"up":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/69"}],"wp:attachment":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/media?parent=293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}