The Federal Social Insurance Office set the maximum pillar 3a amount in 2023. This is because there is usually an adjustment every 2 years. Find out which increased maximum amount applies in 2023 compared to the previous year.
Author at Smolio
Thomas Walke
Partner
Focus: Pensionskasse und berufliche Vorsorge, Säule 3a, ETF-Investieren, Pensionsplanung, Steueroptimierung
About Thomas Walke
Ich bin Finanzcoach und Gründer von Smolio, der unabhängigen Plattform für Vorsorge- und Finanzthemen in der Schweiz. Hier zeige ich dir, wie das Schweizer 3-Säulen-System, die Säule 3a und deine Pensionskasse für dich konkret funktionieren, ohne dass ich dir dabei Finanzprodukte verkaufe.
Meine Erfahrung stammt nicht nur aus der Theorie. Als Stiftungsrat und Vizepräsident der Anlagekommission bei comPlan, der Pensionskasse der Swisscom, sitze ich seit Jahren mittendrin in den Entscheidungen, die deine zweite Säule betreffen. Nebenbei doziere ich an der FHGR und an der HSLU/IFZ und habe zwei Bücher geschrieben, «Mehr Geld zum Leben» mit dem FISS-Budgetmodell sowie «Retire Early, The Simple Guide» zur finanziellen Unabhängigkeit.
Seit über 30 Jahren bin ich selbst Privatanleger, mittlerweile in fast allen Anlageklassen und über zwei Vorsorgesysteme hinweg. Genau dieses Erfahrungswissen, kombiniert mit meiner Arbeit bei comPlan und meinem Doktortitel in Wirtschaftsinformatik, ist die Basis von allem, was du auf Smolio liest.
Dabei ist mir eine klare Rolle wichtig. Ich bin Finanzcoach mit viel Praxiswissen und kein zertifizierter oder regulierter Berater. Du liest meine Meinung und meine fundierten Erfahrungen, triffst aber alle Entscheidungen in eigener Verantwortung.
Experience and credentials
Dr. rer. pol. (Wirtschaftsinformatik). Studium der Betriebswirtschaft mit Schwerpunkten Bankbetriebslehre und Kapitalmarkttheorie sowie Unternehmensrechnung. Stiftungsrat und Vizepräsident der Anlagekommission bei comPlan mit einem investierten Vermögen von über 13 Milliarden Franken. Dozent an der Fachhochschule Graubünden (FHGR) und am Institut für Finanzdienstleistungen Zug (IFZ) der HSLU. Autor der Bücher «Mehr Geld zum Leben» und «Retire Early, The Simple Guide». Beide kannst du bei Amazon kaufen. Referent für Vorsorge-Webinare, etwa bei Corinne Brecher.
Articles by Thomas Walke
Many people withdraw their vested benefits account at normal retirement age. But how can you save tax on withdrawals from a vested benefits account? Discover important changes with the AHV21 reform in the article.
Does your new partner live in a neighboring country and you are moving in with her? Or are you coming to Switzerland to work? Then you become a cross-border commuter. These are people who live in one EU/EFTA country and work in another EU/EFTA country. But where do cross-border commuters…
Are you a cross-border commuter or a foreigner subject to withholding tax and would like to pay into pillar 3a?
We use many case studies to show when and how much cross-border commuters, foreigners subject to withholding tax and Swiss nationals with earned income abroad can claim as a pillar 3a tax deduction.
Who can pay into pillar 3a?
What are the requirements for your payment to result in a tax deduction?
In this basic article, we take a closer look with numerous case studies: Pillar 3a as an employee, Pillar 3a in part-time employment, Pillar 3a as a self-employed person, Pillar 3a without income, Pillar 3a without gainful employment and in the event of unemployment, Pillar 3a in the year of retirement, in the event of early retirement and after retirement, Pillar 3a with an IV pension and the amount of Pillar 3a payment per person for married couples.
At the latest at the turn of the year, many people are concerned with the deadline question: By when do I have to pay into pillar 3a?
What is the latest deadline?
And what is the deadline for the pillar 3a tax deduction?
Read on and don’t miss the latest case law on the deadline for your pillar 3a payment.
Occupational pensions in Switzerland have long been an important topic of political debate.
In March 2023, Parliament launched a reform of the occupational pension scheme, BVG21.
It aims to close pension gaps and make the system more sustainable.
What exactly does the BVG21 reform involve and what impact will it have on you?
The amount of your individual AHV old-age pension is determined by the amount of contributions you have paid in or been credited (i.e. for education, care) and the number of years of contributions. The combination of a full contribution period with pension scale 43 (for women) or 44 for men…
You can deduct professional expenses in connection with your salaried work from your taxes as a flat-rate deduction for professional expenses in 2024. The good news: the maximum deduction for travel expenses for direct federal tax will increase from 2025. We’ll tell you how much more you can save on tax.
The 2023 key pension figures for AHV, occupational pension provision and pillar 3a determine how high your pension will be from 1st and 2nd pillar fail.
As of
January 1, 2023 there will be changes to the pension key figures for 2023.
Find out how these will affect your future pension amount and how much more you can deduct from pillar 3a from 2023.
Inyova 3a aims to enable people to invest their retirement savings simply, digitally and in a truly sustainable way. And in such a way that the investments correspond to your values and have a positive impact on the world. We talk to CEO Tillmann Lang about sustainable investing with ESG funds, greenwashing and impact investing. Use our very special Inyova promo code SMOLIO.
Many people ask themselves “When will I receive my pension fund pension?” With the AHV21 reform, there are numerous innovations in AHV. But not only that. It also brings many improvements for the second pillar and more freedom for all insured persons. We take a look at the most important…
When can I retire? The answer to this question has recently changed significantly in Switzerland. This is because the Swiss population’s acceptance of the AHV21 reform has brought major changes. Not only women are affected by the change in the start of retirement. It also affects everyone who wants to…
Do I have to pay AHV contributions as a pensioner? In principle, yes. If you decide to continue working after the normal retirement age, you must continue to pay AHV contributions on this income under current law. This does not apply to income of less than CHF 1,400 per month…
When can I retire and receive a full pension? This is determined by the reference age. This term replaces the previous “ordinary retirement age” of 65 for men and 64 for women. This is because the Swiss population approved the AHV21 reform on September 25, 2022. It came into force…
The BVG is the Federal Law on Occupational Old Age, Survivors’ and Disability Benefit Plans. It regulates occupational pension provision (the so-called “2nd pillar”) in the Swiss pension system. The 2nd pillar is intended as a supplement to the 1st pillar and provides supplementary benefits in old age and in…
In Switzerland, the normal retirement age until 31.12.2023 is 65 for men and 64 for women. With the adoption of the AHV21 reform in September 2022, the normal retirement age for women will also increase in stages to 65 by 2028. This will then be referred to as the “reference…
Can I transfer money to the pension fund with pillar 3a?
Part-time employees often ask us this question.
We explain what is possible, whether it makes sense and what the consequences are.
Wohoo, job done? Parliament and the Council of States have agreed on the 2021 AHV reform and have done the job for us. The measures agreed will affect us all. Because the level of AHV pensions depends on it. We have studied the decisions. Want to know what this means…
The amount of the pension depends on how much you get from the AHV and the second pillar as well as from private savings. The 2022 pension key figures for AHV and occupational pensions determine how much you pay out 1st and 2nd pillar. Do you want to know how…
What are teenage years? These are the first 3 years of AHV contributions. In principle, everyone in Switzerland must pay AHV contributions. As an employee, you are obliged to pay OASI contributions from January 1 after reaching the age of 17. If you are not gainfully employed, you are obliged…
elleXX has been offering elleXX Pillar 3a, a digital pension product, since the beginning of November 2021.
With this product, elleXX aims to close the gender pension gap.
We do the fact check for you.
How good is elleXX Pillar 3a?
The return of ETFs vs. active funds is a recurring debate. But the facts are quite clear. Do you know Russian roulette? Would you play it? Discover what the return of ETFs vs. active funds has to do with this game of chance.
The first lockdown began in Switzerland on March 16, 2020. A lot has changed since then. What tax deductions can you claim due to coronavirus? How do working from home, changes to your commute and meal costs affect your professional expenses in your tax return? And which deduction makes sense…
Findependent wants to make investing accessible to everyone in Switzerland via an investment app. We speak to the CEO Matthias Bryner. In an exclusive interview, he explains how findependent came about and provides valuable background information. He talks about his plans and gives you a very special findependent savings code.
VIAC pillar 3a fees: How does VIAC compare with frankly and finpension? What is included in the fees and what is not?
VIAC Life is free insurance cover for securities savings with VIAC for pillar 3a or for vested benefits. But what exactly is VIAC Life basic protection? What are the benefits of basic protection? Should I choose death risk or disability risk cover? We asked critical questions and provide the answers…
Two factors determine your pension amount in old age. Firstly, what changes will be made to the key pension figures in 2021 (AHV and occupational benefits). And secondly, what you do privately in your own pension provision in the third pillar 3a and 3b. Like every year, a lot will…
“Wow, great piece! That must have cost you a fortune?” Well, just because something costs a lot doesn’t mean it’s a fortune. It’s not just the post-corona shopping queues at luxury stores in Zurich that show that many people don’t know the difference between assets and liabilities. We show the…
The technical interest or technical interest rate is an estimate of the expected long-term return on pension assets. The technical interest rate is a calculation parameter used by your pension fund to express future benefits and contributions in today’s values. It therefore reflects the fund’s expected return on pension assets….
The retirement assets are your accumulated capital in the “pension fund account” of your pension fund. Depending on the pension fund, this may also be called AGH, savings assets, pension assets, termination benefits or similar.
Retirement credits are all the savings contributions that you and your employer(s) have paid into your occupational benefit scheme. So, credit is a nice way of describing the monthly compulsory contribution that you pay into your 2nd pillar. And the amount of the retirement credits increases with your age.
The coordination deduction is the part of your OASI-liable income on which you do not pay contributions to the occupational pension scheme. It amounts to ⅞ of the maximum single AHV annual pension, i.e. CHF 25,725 (as at 2024). The pension fund uses the coordination deduction to calculate your insured…
The conversion rate (also UWS) is a percentage percentage rate that you can use to calculate your annual lifelong pension from your retirement assets. Genauer gesagt handelt es sich um einen Mindestumwandlungssatz. Dieser schreibt vor, wie das Altersguthaben bei Rentenbeginn in der obligatorischen beruflichen Vorsorge ( obligation ) is converted…
The minimum interest rate is the minimum interest rate that a pension fund must pay on the BVG retirement assets in a given year. Dieser Zins wird jährlich vom Bundesrat neu festgelegt. Dabei berücksichtigt er die Renditeentwicklung verschiedener Wertanlagen wie Bundesobligationen, Anleihen, Aktien und Liegenschaften.
Non-mandatory benefits – these are benefits provided by a pension fund that go beyond the statutory minimum occupational benefits. While the mandatory benefits include the mandatory BVG benefits, the extra-mandatory benefits are an extra.
Corona and paying taxes? You will soon have to submit your tax return and, in many cantons, make an advance payment. For some of us, this can be financially tight. What can you do? We tell you what you can do.
The corona crash has shaken up the financial markets worldwide. Valuation levels have changed dramatically. What was in demand yesterday is out today, supposedly safe asset classes have fallen in unison with the prices of the stock markets. What does this mean for you, your financial independence, your financial decisions…
Many people are currently dealing with coronavirus and shares, as we can see from the questions we are receiving. What should I do with my shares now? Should I buy or sell? What does it mean for my 3rd pillar? We provide answers to the most frequently asked questions.
If someone had told me two months ago that the stock market would be 30% lower, I would be working from home every day, children would be on “corona vacations” and home schooling and public life would be all but shut down, I wouldn’t have believed it. And yet coronavirus…
We like to travel and often. Last year, we were on three continents. As international travelers, we have therefore had experience with traditional credit cards and with Revolut Switzerland. Do you want to pay less and get more? Read on and we’ll tell you how.
There has been a lot of talk in recent weeks about how the coronavirus COVID-19 will affect the global economy and the stock markets. There has been a lot of news hype: how many people have fallen ill or died from the virus in which country? But what impact will…
Saving for old age. Sure, what you can do today, I’m happy to put off until tomorrow. Better to live now, later is still possible. Right? Get to know the five key factors that determine how much money you’ll get later. And no matter what type of saver you are,…
Various reforms to the Swiss pension system are underway. WTF does STAF mean? And what is in store for me with the planned AHV21 and BVG reform? How much longer will I have to work and what will happen to my pension? We provide the facts and explain what the…
How much you get later depends on two factors. Firstly, how the Swiss pension system works in 2020 (AHV and occupational benefits) and secondly, how much you make in your own third-pillar pension. As every year, there will be some changes on January 1, 2020. What impact will this have…
At the end of every year, banks, insurance companies and financial service providers advertise pillar 3a like crazy. And many people ask themselves: is a pillar 3a fund worthwhile? Is a pillar 3a securities solution worthwhile? Or is a pillar 3a savings account worthwhile for me? We’ve done the research…
Tax progression means that a higher tax rate applies to higher incomes and assets than to lower incomes. Switzerland and most other countries use progressive tax rates. In Switzerland, only the cantons of Obwalden and Uri have a flat-rate tax (as of 2021). With a flat tax, the tax rate…
You are already familiar with the three-pillar pension system in Switzerland and know how important pillar 3a is for you. But are you also familiar with pillar 3b and the differences to pillar 3a? Read on and find out what it means to invest in pillar 3b.
Relaxing, traveling, chilling out.
3 out of 4 Swiss employees dream of taking time out.
We take a look at the financial consequences of a sabbatical for your pension provision.
Is now the right time to invest? Or should I wait until the stock markets have fallen again? And anyway, isn’t it better to wait until the next recession is over? In this article, we look at how you can invest a large one-off amount in the stock market.
