Do you have to put money into a retirement savings plan, or PER, in 2023? Deposits on these plans allow you to benefit from a tax deduction, and therefore lower your income tax.
This is THE tax carrot for old and new generation retirement savings plans: when you voluntarily contribute money to your plan, this payment can be deducted from your taxable income. If you have voluntarily placed money in an individual PER, a now old Perp or even a Madelin contract before the end of December, you must indicate the amount in your 2024 declaration in order to deduct it from your 2023 income subject to tax.
In theory, you received a single tax form from your plan manager to tell you the amounts to fill.
Taxation of the retirement savings plan
If you have opened a new PER
The new retirement savings plan has been available for subscription since October 2019. At the end of March 2024, France Assureurs announces 5.7 million holders of new insurance version plans, and 10 million in total by adding in particular collective PERs, subscribed to as employee savings plans. .
Regardless of the type of PER, individual or company, the payments you make voluntarily (excluding participation or incentive bonuses or other mandatory employer payments) can be deducted. With one exception: if you knowingly waived this tax advantage at the time of payment. In this case, you did not indicate these payments on your declaration.
Retirement savings plan: an important choice to make when validating your payment
Conversely, if you wish to deduct your payments when filing your income tax return, go to the section deductible expenses, retirement savings paragraph: contributions paid into new retirement savings plans. So fill in the box 6NS (Or 6NT for the co-declarant) the amount paid voluntarily in 2023 on these new PER.
Boxes 6OS And 6OT are they dedicated to voluntary payments made by self-employed workers.
If you have an old Perp or Madelin
You haven’t transformed your old retirement savings plan into a PER? Contributions made on a Perp (or similar products such as Prfon, Corem, etc.) are declared on the line 6RS–6RT according to the identity of the household member who made the payment. For Madelin contracts, reserved for self-employed workers, the 2023 payments are provided on the line 6QS–6QT.
How much can you deduct each year?
Calculated on the basis of your earned income, the possible deduction for each household appears each year on your tax notice. The notice received last fall therefore specified your deduction limit, at least if the tax authorities identify you as a potential retirement saver.
This deduction ceiling, common to all retirement savings schemes, also appears on your declaration, the same retirement savings section, line 6PS used only to correct this ceiling if you notice a calculation error. On impots.gouv.fr, you can click on the button To view or modify the overall ceiling opposite the 6PS line in order to know your ceiling and the history of recent years.
Couples subject to joint taxation can choose to add their respective ceilings by checking the box 6QR: useful in the event of a significant difference in income, professional situations or different savings capacities.
PER: how to share your payment limit as a couple for the 2024 income declaration
Too late for the tax advantage of the transfer
What changes in 2024. Until 2022, you could transfer part of your life insurance savings to a PER, with the added benefit of a tax advantage. The 2RA, 2RB, 2RC or 2RD boxes which were dedicated to this specific advantage have logically disappeared from the 2024 declaration.
Income tax 2024 *
Thursday May 23, 2024 11:59 p.m.
Thursday May 30, 2024 11:59 p.m.
Thursday June 6, 2024 11:59 p.m.
Hover over a department to view the tax filing deadline.
*Declaration deadlines 2024 2023 revenue