2023-07-12 13:03:00
Good news can hide bad news. As inflation subsides, the popular savings account (LEP) rate will drop from 1 August. Fixed at 6.1% since February 1, his remuneration is equal to the average of the annual inflation rate observed over the last six months. However, INSEE should ratify, Thursday, July 13, a price dynamic of + 4.5% over one year in June, which would push the Governor of the Banque de France to propose to Bercy to reduce the LEP rate. at 5.6%.
For the French with the lowest incomes, to whom it is reserved, it is a small blow. Savers who are already at the ceiling set at 7,700 euros will have an annual shortfall of 38.5 euros. For an average outstanding amount of 5,600 euros, the loss is limited to 28 euros.
But even if the LEP rate looks less interesting on August 1, it should remain two points higher than that of the Livret A, expected around 3.5%. “It is the flagship product of popular savings”, further boasted François Villeroy de Galhau, Governor of the Banque de France, on Franceinfo Tuesday morning.
Nearly ten million eligible French people do not have one
An investment that would still benefit from being known. Admittedly, the number of holders has increased considerably in recent months, going from 7 million at the end of 2021 to 8.2 million in November 2022 to reach 9.7 million today. But 19 million French people would actually be eligible. Nearly 10 million French people who could benefit from it are thus missing out on its advantages. By ignorance. But also because many of them do not have the means to save.
To open one, you must meet resource conditions set each year: thus, in 2023, a single person must not have income (from 2021 entered on the 2022 tax notice) that exceeds 21,393 euros for a single person or 44,243 euros for a couple with two children.
Once your LEP has been opened with your bank, you can take advantage of it as long as you meet the required income conditions. The bank also undertakes to question the tax authorities on this subject every year. Please note: if your income for the penultimate year (N-2) exceeds the ceilings, you do not automatically lose the right to hold an LEP. Your LEP will only be closed if you exceed the limits again the following year. The funds will then be transferred to your current account or to an account opened in your name.
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