Why use your employee savings?
Saving with your company can help you finance the purchase of a home
Saving as part of your company allows you to build up savings to buy your primary residence on a tax- and social security-efficient basis with no restrictions on the time you hold your assets (such schemes being one of the early withdrawal scenarios). You can withdraw your savings whenever you want.
Particularly attractive tax treatment
| Social security contributions | Income tax | Ceiling per beneficiary | Capital gains | |
|
Profit-sharing |
Exempt except for 9.7% CSG/CRDS | Exempt | 75% of PASS | 17.2% Social security contributions |
|
Incentive |
Exempt except for 9.7% CSG/CRDS | Exempt | 75% of PASS | 17.2% Social security contributions |
|
Subscription |
Exempt except for 9.7% CSG/CRDS | Exempt | PEE: 8% of PASS, PERCO/PERe: 16% of PASS |
17.2% Social security contributions |
|
Unused paid time off/days in your Time Savings Account (CET) |
Exempt from social security contributions | Exempt | PERCO/PERe: 10 days/year | 17.2% Social security contributions |
PASS = Annual social security ceiling (Plafond Annuel de Sécurité Social)
Source : HSBC Epargne Entreprise 2019
How to save more easily?
Saving your incentive payments and your profit sharing bonuses
You may contribute your performance-related incentive payments and profit sharing bonuses to your savings plan. If you do so, they become tax-exempt.
The Profit Sharing/Incentive simulator, accessible on this site, helps you determine what is most advantageous to you as far as taxes are concerned: immediate payment or deposit to your employee savings plan?
Take advantage of employer contributions
Your employer may match your plan contributions (voluntary contributions and performance-related incentive payments and bonuses).
From the home page of your personal Plan Member account, you can access a matching contribution gauge to give you an overview of :
- the rules governing employer contributions put in place by your employer,
- Total matching contributions you have received year-to-date as well as the potential amount you may be eligible to receive.
Did you know? Employer-paid contributions are exempt from income tax and social security deductions (with the exception of the General Welfare Tax (CSG) and the 8% Social Debt Reimbursement Tax (CRDS).)
Save your time
You can allocate your unused paid time off to your PERCO and PERe retirement account. The amounts transferred are exempt from income tax and partially exempt from employee-paid social security contributions (up to a limit of 10 days per year).