A new Prime Minister, already a millionaire. A LEP rate which will fall… but while maintaining suspense. A pension increase that is long overdue. A real estate market still uncertain despite optimism in 2024. And a forgotten booklet, wrongly. Here are the 5 unmissable pieces of information this week, for your money!
1 – News of the week: a young millionaire Prime Minister
Gabriel Attal is the youngest Prime Minister of the Fifth Republic, appointed Tuesday January 9 at the age of 34. Laurent Fabius, appointed at the age of 37 in 1984 and now president of the Constitutional Council at the age of 77, loses his record. Like all ministers, the one who was in recent months at National Education, Gabriel Attal must show white paws to the High Authority for the Transparency of Public Life (HATVP) concerning his heritage. Please note that he is a client of Socit Générale, where he has a PEA of 100 euros… but also life insurance estimated at nearly 1.5 million euros. All the details.
2 – Reader’s question: Why is my pension not increasing in January 2024?
The same question, in 5 copies in the inbox dedicated to questions from MoneyVox readers: Why is my pension not increasing in January 2024, despite the increase announced on January 1? Because Retirement Insurance, the basic scheme for the vast majority of withdrawals (non-civil servants) pays this Tuesday, January 9, 2024, the monthly basic pensions counting for… the month of December 2023. You will have to wait until Friday, February 9 to note the increase of 5.3%, which generates disappointment… Our response in full.
3 – The bad news (very likely): the LEP rate drops
The popular 6% savings account is soon a thing of the past… The official calculation formula gives a rate of 4.1%. But the Banque de France has chosen to keep the suspense in check whether it will be 4.1%, or 4.5%, or 5%, or more? Here are the 3 possible scenarios, for an announcement on Monday January 15, the latest deadline.
4 – Analysis of the week: finally the fall in real estate prices?
Prices fell in 2023? Yes, but not everywhere. So, in 2024, it is finally the year of a clear and widespread decline, synonymous with a revival of the market? Some predict a drop of 4%… but it will not be uniform and good deals will perhaps be sought on the side of renovated thermal strainers. Read the analysis in detail.
5 – Tip of the week: and by the way, the youth booklet?
It is known but often forgotten… Like the Livret A, it guarantees your savings 100%, is available and net of taxes. On the other hand, unlike the Livret A (3% currently), it can yield up to 4%! The only downsides: it is by definition reserved for those under 25 and is capped at 1600 euros. All the info.