Plan d’Epargne Populaire (PEP)

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Regulated savings product. Since 2003, it is no longer possible to open a new PEP; however, existing PEPs remain in effect and funds can be deposited into them up to the maximum deposit amount (€92,000). At the end of the scheme, the holder may receive a lump-sum payout or a life annuity.


Source: Banque de France