In the event of a capital exit :

The capital :
- Deductible payments : subject to income tax but exempt from social security contributions
- Non-deductible payments and bonuses/contributions/CET : exempt from income tax and social security contributions
Capital gains :
- Deductible payments : exempt from income tax but subject to social security contributions (current rate 17.2% in 2022)
- Non-deductible payments and bonuses/contributions/CET : exempt from income tax but subject to the single flat-rate withholding (current rate 30% in 2022)

In the event of an annuity exit :

For deductible payments / mandatory contributions : Free Life Income tax regime, you will be taxed on the entire amount of the annuity after application of a 10% reduction (capped at €3,858 in 2022) and subject to withholdings. social.
For other payments : tax regime of the Life Income with Required Title, the annuity is partially taxed, the taxed part depends on your age (from 30% if you are over 69 years old to 70% if you are under 50 years old) at the time of conversion into an annuity. Social security contributions are applied to the portion of the taxable amount (current rate: 17.2%).

What taxation in the event of retirement?