Individual retirement savings plan: new tax rules in 2026

The Retirement Savings Plan (PER) is a long-term savings product implemented in 2019 by the PACTE law (relating to growth and company transformation). It is gradually replacing other retirement savings plans.

This plan allows you to accumulate savings to supplement your income at retirement. It works under “managed management”, which means that your savings are invested in a way that optimizes their return. Its management can be delegated to a professional or you can decide to manage your investments yourself.

Savings are normally blocked until you retire.

It exists 3 types of RIP :

• the individual PER (which succeeded the Perp and the Madelin contract);
• the collective company PER (also called Pereco or Perecol);
• the mandatory company PER (which succeeded the Article 83 Contract).

New taxation of the PER with the Finance Law for 2026

The 2026 Finance Law introduced 3 changes to the PER taxation (all types combined). The old retirement savings products are not affected and keep their own plan.

Increase in social security contributions

Due to an increase in the Generalized Social Contribution (CSG) of 1.4 points on capital income, decided by the Social Security Financing Act for 2026, the overall rate of social security contributions to the PER has passed from 17.2% to 18.6%.

This new rate applies to all RIPs on sums recovered since 1^er January 2026, in the event of an exit either as an annuity or as capital.

End of deductibility of payments from age 70

From the age of 70, payments made are no longer deductible from taxable income. The measure applies retroactively to payments made since 1^er January 2026.

As a reminder, up to age 70, you can deduct from your taxable income in a year the amounts you paid on your RIP in the same year, up to a maximum limit.

Extended deferral period for unused deduction limits

The taxpayer could mobilize the unused deduction ceilings of the previous 3 years; he can now go back up up to 5 years from 2026 payments. The ceilings are indexed to the current annual Social Security (PASS) ceiling.

The possibility of pooling between spouses is maintained: a person can use the unused ceiling of his spouse.