Financial Annuity
The Life Annuity is a necessary economic tool in our society today.
Currently, life expectancy increases according the French INSEE, three months per year.
Thus, in 2020, people older than 60 years will represent 25% of the population.
An inevitable lag will occur between the active and the retired.
- How to guarantee our Pensioners, a decent retirement?
- How to maintain their standard of living?
- How will we secure them financially?
So many questions that arise should the Government bring solutions.
Mortgages have been a resounding flop, it is time to consider the establishment of an life annuity differently.
Do you know that you can convert a capital (money) into a life annuity?
You can also sell a real estate, factory, shop walls and even furniture in life annuity.
The Life Annuity Financial
This is to convert a sum of money into life annuity, the more professionally, dispose a capital money in exchange for an indexed and guaranteed as a life annuity of a real estate.
You can also dispose of these assets for the benefit of a guaranteed income for life through the "Caisse de Dépôts et Consignations" or an Insurance Company known solvent.
This income will be paid monthly or quarterly.
Beneficiary The life annuity may be created in one or more persons, without distinction of sex or family relationship.
The reversion can be guaranteed 100% to the person of his choice.
Payment
The amount of the annuity is calculated according to the amount of capital and the age, the gender of beneficiaries of the pension.
Adjustment
The indexation of the lifen annuity will vary depending on the process of converting the capital into a life annuity.
Capital
The lump sum is paid by check at once, the life annuity payments will begin to run from that day.
Security of the contract
According to the process of converting capital into life annuity, it will be 100% secure.
Taxation of annuities
The annuity payment made to receive a tax privileged. Indeed, the income tax affect the life annuity for a fixed fraction permanently, depending on the age of Crédirentier at entry into the enjoyment of the annuity (art 158-6 of the Code Général des tax).
| Ages | Deductions |
| - 50 years | 30% |
| between 50 and 59 years | 50% |
| between 60 and 69 years | 60% |
| 69 years of age and over | 70% |
For the survivor life annuity, the age to be considered, is the oldest.
Taxation of the reversion
Reversions of the life annuity are exempt from inheritance when they occur only the benefit of the spouse or lineal heirs (children and grandchildren) (art 793-1-5th of the General Tax Code)
In other cases, reversions of the life annuity are taxed as inheritance depending on the degree of kinship.