Every second person has a 3rd pillar 3A in Switzerland. Indeed, Switzerland is one of the countries where the private portion of savings for retirement is the largest (around 1/3 of retirement income is made up by private pension provision, most often in the form of 3A), while in the other countries, the state share is the largest. A retired person in Switzerland receives around 60% of their last income at retirement age between AVS and LPP. This percentage drops drastically if your income exceeds 7000 francs per month. Imagine earning 5000 francs now, will you be able to live on 3000 francs per month tomorrow? If you earn 10,000 francs per month, will 5000 francs be enough for you in the future?
Who is the 3rd pillar 3A for?
The 3rd pillar 3A is aimed at anyone who is employed in Switzerland, from the age of 18 and at the latest at the age of 70.
The 3rd pillar 3A is essential for anyone who wants to:
- Save money on taxes
- Protecting their families from life risks
- Save money to start a business one day
- Setting aside to buy real estate
- Creating capital for retirement
The advantages of the 3rd pillar 3A
The best known and most requested advantage is the tax savings associated with this type of savings. In fact, the Confederation grants a tax advantage in order to encourage citizens to protect themselves against future financial risks. So why not take advantage of it?
You have the possibility of covering your family against the risks of life (disability or death), and this by benefiting from reduced taxation on inheritance.
Your money works with the investment vehicle of your choice, while having surveillance that guarantees the security of your assets. Indeed, the 3rd pillar 3A is subject to very strict investment standards.
If you want to start your business or buy real estate to live there, your money is available immediately. It can also be pawned in some cases.
The other advantages of the 3A
You have excellent guarantees with significant potential capital gains. You don't have to be an expert to make money work for you safely.
The return linked to the tax economy is a return guaranteed and earned every year.
The assets are 100% guaranteed in the form of insurance and are protected against personal bankruptcy.
It is essential to take advantage of the opportunities offered by a 3rd pillar 3A. Take this chance!
One person out of two has a 3rd pillar 3A in Switzerland. Indeed, Switzerland is one of the countries where the private portion of savings for retirement is the largest (around 1/3 of retirement income is made up by private pension provision, most often in the form of 3A), while in the other countries, the state share is the largest. A retired person in Switzerland receives around 60% of their last income at retirement age between AVS and LPP. This percentage drops drastically if your income exceeds 7000 francs per month. Imagine earning 5000 francs now, will you be able to live on 3000 francs per month tomorrow? If you earn 10,000 francs per month, will 5000 francs be enough for you in the future?
