When and how to make withdrawals from a capitalization contract?

The withdrawal on a capitalization contract is flexible and gradual:

💳 Partial redemptions: You can withdraw part of your capital without closing the contract.

⏳ Deferred taxation: Only the capital gain corresponding to the withdrawn share is taxed.

🔄 Top-ups: You can continue to pay into the contract at any time, growing the capital and deferred gains.

Concrete example:

Paul invested €60,000 in a capitalization contract 10 years ago. His capital is now €80,000. He wishes to withdraw €5,000 for a personal project: only the proportional gains tax (and social contributions) will be levied, the rest of the contract remains intact.

Tip:

To optimize the taxation and management of your capital, plan your withdrawals according to your needs and the annual allowance, while allowing part of the capital to grow within the contract.