Podcast
Questions and Answers
What is the main purpose of the PER retirement savings plan?
What is the main purpose of the PER retirement savings plan?
- To complicate and diversify retirement savings products
- To simplify and harmonize retirement savings products (correct)
- To limit retirement savings options for individuals
- To provide tax penalties for retirement savings contributions
Who is eligible to subscribe to an individual PER?
Who is eligible to subscribe to an individual PER?
- Retirees over 70
- Only self-employed workers
- Anyone (correct)
- Only employees of certain companies
What is a PERCOL?
What is a PERCOL?
- A type of individual PER
- A retirement savings plan for retirees
- A PER for companies and self-employed workers (correct)
- A compulsory PER for all individuals
How many savings compartments does the PER have?
How many savings compartments does the PER have?
How is each sub-fund of the PER taxed?
How is each sub-fund of the PER taxed?
What is the main benefit of the PER?
What is the main benefit of the PER?
What does the PPM Charter provide guidelines for?
What does the PPM Charter provide guidelines for?
What are some of the values promoted by the PPM Charter?
What are some of the values promoted by the PPM Charter?
How can investing during market declines boost performance?
How can investing during market declines boost performance?
What should guide investment decisions, according to the text?
What should guide investment decisions, according to the text?
Study Notes
- The Pacte law introduced the PER retirement savings plan to simplify and harmonize retirement savings products.
- There are three forms of PER: individual, universal corporate collective, and compulsory/categorical.
- Anyone can subscribe to an individual PER except retirees over 70, while a PERCOL is for companies and self-employed workers.
- The PER has three savings compartments for voluntary, employee, and compulsory savings.
- Each sub-fund has its own tax system.
- The main benefit of the PER is tax exemption for contributions.
- PPM Charter provides guidelines for controlled investment, including splitting entry payments and desensitizing investments as the exit approaches.
- PPM Charter values perseverance, lucidity, detachment, caution, and audacity.
- Keeping cash for free payments and investing during market declines can boost performance.
- Emotions should not guide investment decisions.
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Description
Learn about the PER retirement savings plan introduced by the Pacte law and the guidelines provided by the PPM Charter for controlled investment. Understand the different forms of PER, savings compartments, tax systems, and benefits of tax exemption for contributions.
