Livret A savings account ceiling under review

The French government is considering raising the maximum amount that can be deposited in the Livret A savings account from 22,950 to 30,000 euros. This account is a popular, tax-free savings option in France, offering low-risk returns for individuals and families.

Support and opposition to the proposal

The Caisse des Dépôts, a public financial institution, supports the increase, but the Ministry of Finance (Bercy) and the banking sector oppose it. The opposition is rooted in concerns about potential impacts on the banking system and fiscal policy.

Previous attempts to raise the ceiling

This is not the first time the government has considered raising the Livret A limit. In 2026, Minister of Ecological Transition Monique Barbut proposed increasing it to fund the National Climate Adaptation Plan. However, the French Banking Federation (FBF) opposed this initiative.

Alternative proposals and outcomes

In early October 2026, LFI deputy Eric Coquerel introduced a separate proposal as part of the 2027 budget, aiming to raise 5 billion euros for renovating social housing. This measure was approved by the Finance Committee but ultimately rejected by deputies.

New proposal and recent discussions

On October 29, the daily newspaper Les Echos reported that the government is now considering using the increased Livret A ceiling to fund the renovation of high schools. An interministerial meeting between Bercy and the Prime Minister’s office (Matignon), attended by the Caisse des Dépôts, took place recently, but no final decision was reached.

Potential implementation via decree

Despite the lack of a final decision, discussions continue. The change could be implemented through a decree from the Ministry of Economy, with a possible implementation date of February 1, 2027. The government is weighing the potential benefits against the concerns raised by opponents.