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PER — Retirement Savings Plan

Every euro paid into your PER
saves you tax immediately.

The PER is the only savings product that reduces your tax bill immediately while preparing for retirement. A powerful fiscal lever — provided you use it within the right strategy.

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Tax bracketReduction = your marginal tax rate
RetirementCapital or annuity payout at choice
Any timeEarly release in specific situations

What you need to know about PER retirement savings advisory.

Understanding the mechanics to make the right wealth decisions.

1

Immediate tax deduction

Each contribution to a PER is deductible from your taxable income, up to 10% of your professional income (minimum €4,399 in 2025).

  • 30% tax bracket: €300 saved per €1,000 contributed
  • 41% tax bracket: €410 saved per €1,000 contributed
  • 45% tax bracket: €450 saved per €1,000 contributed
2

Flexible payout at retirement

At retirement, you choose between a capital payout (reduced tax if lower bracket), an annuity, or a combination of both.

  • Capital: income tax on deductible portion
  • Annuity: 10% allowance applicable
  • Partial or full payout at your choice
3

Early release options

The PER is not completely locked. Certain events allow early release: primary residence purchase, disability, spouse's death...

  • Primary residence purchase (capital release)
  • Life accidents (unemployment, disability)
  • Cessation of self-employed activity

PER vs Life Insurance: when to choose which?

The PER is advantageous if your current tax bracket is higher than your expected retirement bracket (the most common case for professionals with decent income). Life insurance is preferable if your retirement income will remain high or if you want more flexibility. Often, both are complementary — Véloci helps you calibrate the optimal split.

Our approach.

Tax savings simulation

Precise calculation of your tax gain based on your bracket, income, and available ceilings (including unused years that can be carried forward).

  • Analysis of your current and future tax bracket
  • Calculation of available ceilings (N-3)
  • Projection of savings over 10-20 years

Best PER selection

PERs are not all equal: fees, quality of investment options and insurer solidity vary greatly from one contract to another.

  • Insurance PER vs banking PER
  • Management and contribution fees
  • Access to SCPIs, ETFs, Private Equity in PER

How much could you save on tax this year?

We calculate your PER tax gain in 30 minutes — free and without commitment.

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