Managing your employee savings effectively is a crucial part of securing your financial future. If your employer uses Humanis for their savings schemes, you have access to a variety of tools designed to help you grow your wealth, save for retirement, or prepare for major life events. Since the merger that formed Malakoff Humanis, the way you access and manage these funds has become more streamlined, providing a unified platform for all your social protection and savings needs.
Understanding the Malakoff Humanis Merger
In recent years, Humanis merged with Malakoff Mdric to become Malakoff Humanis. This transition was designed to provide a more robust service offering for employees across France. If you were previously a Humanis member, your accounts and savings balances remained secure during this transition.
Today, all employee savings services are managed under this unified brand. This means that when you look for your account details or try to log in, you will likely be redirected to the Malakoff Humanis digital portal. Understanding this change is the first step in successfully navigating your account and ensuring you are using the correct digital tools.
How to Access Your Online Account
Accessing your employee savings account is straightforward, provided you have your login credentials ready. The online portal is the primary hub for viewing your balance, changing your investment options, and requesting withdrawals.
Finding Your Login Credentials
To log in, you generally need an account number or a specific username provided by your employer or the savings institution. This information is typically found on your annual account statement. If you are logging in for the first time, you may need to click on a “First Connection” link to set up your password and verify your identity using your Social Security number or a temporary code sent via mail.
Navigating the Personal Space
Once you enter your personal space, you will see a dashboard summarizing your total assets. This dashboard is usually divided into different types of plans, such as the PEE (Plan d’pargne Entreprise) or the PER (Plan d’pargne Retraite). You can click on each plan to see the specific funds where your money is invested and their current performance.
Types of Employee Savings Plans Available
Humanis offers several types of plans that cater to different financial goals. Knowing which one you have is essential for understanding when you can access your money.
The Company Savings Plan (PEE)
The PEE is a short-to-medium-term savings vehicle. Funds invested in a PEE are generally locked for a period of five years. In exchange for this commitment, the money you invest (including employer contributions known as “abondement”) often benefits from significant tax advantages. This plan is ideal for building a down payment for a home or creating a general safety net.
The Collective Retirement Savings Plan (PERCO or PER)
The PERCO (now often transitioned to the new PER) is specifically designed for retirement. Unlike the PEE, funds in this plan are typically locked until you reach retirement age. This long-term horizon allows for potentially higher-yield investments, as the money has more time to recover from market fluctuations. It is an excellent way to supplement your future pension with the help of company contributions.
Managing Your Contributions and Investments
Your employee savings account is not a static bank account; it is an investment portfolio that you can actively manage to suit your risk tolerance and goals.
Voluntary vs. Automatic Contributions
Most savings plans are funded through profit-sharing (intressement) or performance bonuses (participation). However, you can also make voluntary contributions. Many employers offer a matching program where they contribute additional funds for every euro you save, making voluntary contributions a very effective way to grow your balance quickly.
Choosing Your Investment Vehicles
Within your Humanis account, you will have the option to choose between various Corporate Mutual Funds (FCPE). These funds range from low-risk options, like money market funds, to higher-risk options, like equity funds. Most providers offer a “guided management” option, where the risk level is automatically adjusted based on how close you are to your withdrawal date or retirement.
When and How to Withdraw Your Funds
The primary benefit of employee savings plans is their tax-free status, but this comes with the condition that the money must remain invested for a set period. However, there are specific life events that allow you to unlock these funds early.
Standard Withdrawal Timelines
For a PEE, you can request a withdrawal after five years. For a PER, the standard withdrawal point is when you officially retire. When you reach these milestones, you can usually choose to receive your savings as a lump sum or, in the case of retirement plans, sometimes as an annuity.
Early Release Conditions
Life is unpredictable, and the law allows for “early release” of savings under specific circumstances without losing the tax benefits. Common reasons include:
- The purchase or construction of a primary residence.
- Marriage or the signing of a PACS (civil partnership).
- The birth or adoption of a third child.
- Divorce or separation (if you have custody of at least one child).
- Termination of your employment contract (resignation, dismissal, or end of contract).
- Over-indebtedness or disability.
To request an early release, you will need to provide supporting documentation through your online portal. Once approved, the funds are typically transferred to your bank account within a few weeks.
Tax Benefits of Employee Savings
One of the biggest reasons to use the Humanis savings platform is the tax treatment of the funds. Money deposited from profit-sharing or bonuses is generally exempt from income tax, provided it remains in the plan for the required duration. Additionally, any capital gains earned on your investments are often exempt from income tax, though they remain subject to social security contributions. This makes employee savings one of the most efficient ways to save money in France.
Contacting Customer Support
If you encounter issues with your login, or if you have complex questions about your investment choices, you can contact the Malakoff Humanis support team. They offer assistance through secure messaging within your personal space, as well as via telephone. It is helpful to have your member ID ready before calling to speed up the verification process.
Conclusion
Managing your Humanis employee savings account is a powerful way to build financial security. By logging in regularly, understanding the differences between your PEE and PER accounts, and knowing your options for early withdrawal, you can make the most of the benefits your employer provides. Take a moment today to review your investment choices and ensure your contact information is up to date. For more guidance on managing your personal finances and navigating online services, feel free to explore our other helpful articles.