The housing savings plans which were opened between August 2003 and January 2015 continue to yield 2.5% before social security contributions (and 2% for an opening between January 2015 and January 2016), a rate always more advantageous than the livret A or the euro fund of life insurance!
But before making large transfers, take into account the maximum life of your plan (ten years during the payments and then another five years to earn interest *). And remember that to keep it until term, you must pay it at least 540 euros per year until the tenth year, without exceeding the limit of 61,200 euros (excluding interest). Otherwise, your plan will be considered “expired”. You will then no longer be able to fund it and it will be transformed into a housing savings account (CEL) after five years, with a remuneration of 0.25%.
In short, to avoid losing valuable interest, keep a margin of 540 euros per year before the tenth anniversary. For an ELP opened in 2014, do not exceed, for example, 59,040 euros in payments by the end of this year. You can still pay 540 euros in 2021, 2022, 2023, reach the ceiling in 2024, and then see your plan grow until 2029!
* After ten years, plans opened before March 2011, however, continue to earn unlimited interest.
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