the Senate votes on a measure to unlock employee savings

A measure was adopted by the Senate on the night of Monday 1^er August to Tuesday 2, namely the possibility of early release of employee savings. All employees who receive either profit-sharing or profit-sharing from their company are concerned. This represented 9.5 million people in France in 2020. The novelty is that until December 31, 2022, the employee will be able to release their savings without it being subject to income tax or to social security contributions, as was the case before.

A ceiling has nevertheless been set: the total sum must not exceed 10,000 euros. In addition, the sum must be devoted to buying a good, a car or household appliances for example, or to providing a service. The only rule imposed is not to invest this money elsewhere, in another savings product, the objective being to stimulate consumption.