Taxation
How much the PER saves you
Every euro paid into a Plan Épargne Retraite (PER) is deducted from your taxable income. The higher your tax bracket, the greater the saving. Estimate yours.
Estimated saving on income tax, within your deduction ceiling (generally 10% of your professional income). On withdrawal, at retirement, the savings will be taxed: the PER defers and smooths the tax rather than eliminating it.
Tax saving this year
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The most effective tool for higher tax brackets
The principle is simple: your contribution is deducted from your taxable income. In the 30% bracket, a €5,000 contribution saves you €1,500 in tax; at 41%, it is €2,050. Your real savings effort is reduced accordingly, and that sum works for your retirement.
One caveat, though: PER funds withdrawn at retirement are taxed. Used well, it lets you contribute when you are heavily taxed and withdraw when you are taxed less. That is the whole art of it, and it is what we calibrate together.
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