Will it be necessary to open a PEL with the new rate of 2.25%?

End of tension: building savings (PEL) open from 1ahem January 2024 will pay 2.25% gross, compared to 2% gross for those signed in 2023. The market was expecting a slightly more generous increase due to two-, five- and ten-year interest rates, themselves even rising sharply in recent months.

Should we use this increase to open the PEL in 2024? The question arises for individuals who do not have a plan because you can only have one per person. “Holding PEL is always a good idea, it is a risk-free investment that offers a guaranteed reward and allows you to prepare a medium or long-term real estate project”sums up Amandine Guillabert, marketing director of wealth management consultancy Equance.

However, even with his rise to 1ahem As of January, the PEL has a net return of 1.57% – subject to a single flat rate deduction of 30% – which is significantly lower than Livret A (3%), with Livret A frozen at this level until 31 January 2025. “It is likely that the Livret A rate will fall at that time as short-term interest rates begin to fall.”, says Philippe Crevel, Director of Savings Circle. On the contrary, the PEL rate applies for the entire lifetime (fifteen years). So it is likely that the pay gap between PEL and Livret A will close in just over a year due to the drop in the Livret A rate.

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Be careful though, PEL is not a real option in Livret A as it is not liquid: any withdrawal results in its closure, regardless of the age of the plan. In other words, it can be used to invest in savings without risk, but the saver is sure that he does not need them. Another major limitation is that the PEL must be subject to regular payments of at least €540 per year within the €61,200 limit.

loan rate 3.45%

The “credit” aspect of PEL now takes on its full meaning. It is wise to open a plan in 2024 and give yourself the opportunity to borrow your headquarters in four years.’, adds Paul-Victor Duquaire, founder of Silveris and member of the Neofa network. Generation 2024 will indeed be able to apply for a building savings loan with a rate of 3.45%. Whether that level will actually be attractive in four years, from 2028, is hard to know, however. “If this does not happen, the accumulated savings could be used as a contribution”Amandine Guillabert recalls.

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