The release of your employee savings authorized until the end of 2022

Very good news for holders of a company savings plan (PEE). They will be able to claim an exceptional release of their profit-sharing and their participation. Deputies and senators agreed on Wednesday, August 3, on the final adoption of the bill on purchasing power. A text which provides, in its article 3 bis, the possibility of releasing the sums placed on an employee savings plan.

In detail, the sums resulting from the profit-sharing and profit-sharing – and not the voluntary payments and the possible matching contribution – may, at the request of the beneficiary, be released in one go and within the limit of 10,000 euros (after deductions of 17.2%). Main condition: allocate this savings to the purchase of one or more goods or the supply of one or more services. It is up to the beneficiary to keep the supporting documents certifying the use of the sums released in order to be able to provide them to the tax authorities, if necessary.


Employee savings: maximize your employer's contribution to win big

Please note that not all employee savings products are concerned. Are indeed excluded from the device collective retirement savings plans (Perco, Percol) and funds invested in solidarity companies. The voted measure also stipulates that “the release of sums invested in company securities, in a company mutual fund or in an investment company with variable capital will be subject to a collective agreement, so as not to weaken business financing”.

>> Our service – Compare the performance of retirement savings plans (PER) with our simulator

Cases of early release

But if you hold a PEE or a PEI (intercompany savings plan), you will have every opportunity to release the desired sums, within the ceiling of 10,000 euros and until December 31, 2022, the end date of the derogatory regime.

By respecting these criteria, you will benefit from a withdrawal fully exempt from income tax, as for the other cases of early release. It is about the marriage or the conclusion of a Pacs; the birth or adoption of a third (or more) child; divorce, separation or PACS termination when the applicant has custody of at least one child; the disability of the employee, his spouse or PACS partner; the death of the employee, his spouse or PACS partner; the termination of the employment contract (dismissal, resignation, retirement), the sale of his activity as an individual entrepreneur, etc.; the over-indebtedness of the applicant; the creation or takeover of a business by the employee, his spouse, his Pacs partner or his children; the acquisition, construction, restoration or extension of the principal residence; and, since June 2020, domestic violence committed against the beneficiary.


Participation, profit-sharing: why your bonus should not be released

As a reminder, the sums paid into a PEE or a PEI are blocked for a minimum of 5 years, in return for an exemption from income tax when they are withdrawn. A deadline that you will therefore not have to wait if you act between the promulgation of the law, expected in the coming days, and December 31, 2022.

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