Best Opportunities for the Best Wealth Formula for You
Making the most of the popular savings account is one of the twelve tips for optimizing your investmentsTo grow your heritage, you must leave nothing to chanceHere are twelve simple tips to get the most from your investmentsThe Evergreen Wealth Formula offers the best suggestions to you here.
In a world where returns have crashed heavily, it is better to put all the assets on your side to maximize the payoff from each investmentSometimes it is enough to know a few rules to greatly improve profitability or, quite simply, to avoid losing a few healthy percentages of interestObviously, a lot of advice deals with feesWhy bother to select the best products if you have to give up 5% entry fees for each payment? With the rise of Internet underwriting, it is now easy to avoid this layer of feesBut it’s also important to get the most out of every investmentHere are twelve simple tips to optimize your investments, whether they are stock market, precautionary or life insurance.
Life insurance: withdraw your earnings without paying a penny of tax
The taxation of life insurance has remained untouchedYou should take advantageWhen you make withdrawals, called redemptions, on a contract of more than eight years, you benefit from an annual allowance of 4,600 euros for a single personof 9,200 euros for a couple on the share of the gains in the redemptionBeyond that, the portion of interest withdrawn is either integrated into your resourcessubject to the income tax scale, or taxed at the flat rate of 7.5%To know the exact amount that you can withdraw without taxation, some calculations are necessary.
The Right Value
If this is your first buyout, it’s simpleYou must first know what is the share of interest or capital gain in the value of your life insuranceIt is equal to the value of the contract less the amounts you have paid into it over the yearsThen all you have to do is apply the following formula: multiply your authorized allowance (4,600 or 9,200 euros) by the value of the contractdivide the result by the amount of the gains acquiredFor the same contract value, you will be able to withdraw much more if your contract has a significant portion of capital, as tax is only levied on gainsYou are entitled to this allowance once per calendar yearBetween the end of DecemberJanuary 1 of the following year, you can therefore withdraw the doubleAnother tipmake redemptions from time to timeimmediately transfer the amounts obtained to a contract without entry feesIn a flash, your interests will have turned into capital!
