A bank for Switzerland

The AHV pension and your work pension are not usually sufficient to maintain your current standard of living in old age. Pillar 3a (private retirement savings) exists to make up for this pension gap. Ideally, you build up your assets in pillar 3a over a long period of time. Private retirement provision starts with opening a retirement savings or custody account. You decide how much and when to pay in up to the maximum permitted amounts.

The amount deposited can be deducted from your taxable income when you file your tax return.

When planning for retirement, this much is certain: the sooner, the better. Not only will payments into pillar 3a save you tax, you will also have more time to build up your savings. Saving even small amounts pays off.

Our tip: combine your pillar 3a pension account with a custody account. Your money will be invested in a Vitainvest Investment Fund, with the opportunity for higher returns.

In principle, pillar 3a gives you two possibilities: retirement account or custody account. With a retirement account, your retirement savings earn interest. If you’d like to get more out of your money, a custody account is the ideal complement. It opens up the possibility of higher returns due to developments on the financial markets.