US expats in Switzerland love its quality of life, stunning landscapes, and stable economy. However, careful planning is essential to avoid major pitfalls when moving. To simplify your transition, we’ve created a guide to help you navigate taxes and social security.
Want to manage your retirement savings easily and conveniently? Then our frankly Pillar 3a experiences could show you the way to the right solution. In this testimonial, we will tell you all about frankly and show you if it is the right choice for you.
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…
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.
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 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…
How much money a pensioner needs in Switzerland varies from person to person. What you can assume, however, is that as a retired person you will have much less than today without your own precautionary measures. And around 40% less income that you have to get by with. How does…
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…
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…
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…
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.
The Federal Statistical Office (FSO) published the new pension fund statistics in December 2018 . published. This contains a wealth of statistical information on the state of occupational pensions in Switzerland. How do you think the average pension fund pension has developed in recent years? Which statement about the pension…
Every pension fund must always be in a position to meet its obligations to its insured members. A simple indicator shows whether it is able to do so: the coverage ratio. It shows the ratio between the assets and the obligations of a pension fund. Underfunding means that the coverage…
The mandatory benefits are minimum benefits that you receive from the 2nd pillar.
Your pension income depends on the regulations in the Swiss pension system and your own pension provision. What will change in the Swiss pension system in 2019? And how will this affect your future pension? There will be some changes from January 2019. Read on and keep an eye on things.
AHV stands for “old-age and survivors’ insurance”. It is the cornerstone of pension provision in Switzerland and is therefore also known as the 1st pillar.
Vested benefits are money that you are entitled to if you leave a pension fund before it pays out benefits for you. The vested benefits are also known as termination benefits or vested benefits money.
Your pension fund is probably your biggest financial asset. It provides you with an annual report in the form of a pension fund statement. Nicole doesn’t really understand her pension fund statement. Do you feel the same way? We shed some light on the subject and clarify the most important…
The latest pension fund study shows that the 2nd pillar is running out of money. The pension funds have taken measures to secure our pensions – but at a lower level. In particular, incomes over CHF 78,000 will receive less under this system. Those who earn more should make their…
Your income in retirement depends largely on the framework conditions of our social security system and your own pension provision. What will change in 2018? First things first: there are no significant changes to Swiss social insurance in 2018. The maximum amount for 2018 for payments into pillar 3a for…
The 3rd pillar is your voluntary, private pension provision for retirement. How well do you know about it? We clear up the most common pillar 3a misconceptions and myths. Are you right about all the questions? Find out.
Low interest rates, rising life expectancy, pension reform. In Switzerland, we rely on three pillars for our pension provision. But these are currently more or less faltering. To what extent can we rely on receiving enough money in old age? Which pillar can we rely on?
The NZZ headlines “Many Swiss have no idea about old-age provision” and SRF 10vor10 reports on a pension fund model that provides for temporary pensions – in the extra-mandatory scheme. We think it’s time to take a closer look at the pension fund. Because that’s what matters.
Sounds logical so far. Have you ever thought about not working until your mid-60s? Some people dream of retiring at 50. Others reckon with the statutory retirement age, but would still like to have the choice. Find out how early retirement works in the Swiss pension system and which considerations…