{"id":38295,"date":"2024-11-19T09:48:10","date_gmt":"2024-11-19T08:48:10","guid":{"rendered":"https:\/\/fidulex.ch\/?p=38295"},"modified":"2024-11-19T10:12:18","modified_gmt":"2024-11-19T09:12:18","slug":"pillar-3a-purchases","status":"publish","type":"post","link":"https:\/\/fidulex.ch\/en\/pillar-3a-purchases\/","title":{"rendered":"Pillar 3a redemptions"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"38295\" class=\"elementor elementor-38295\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-071270e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"071270e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-05aae37\" data-id=\"05aae37\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-21781b4 elementor-widget elementor-widget-text-editor\" data-id=\"21781b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <strong>Federal Council<\/strong> approved, as of <strong>January 1, 2025<\/strong>the possibility for Swiss policyholders to buy back unpaid contributions in their home country. <strong><a href=\"https:\/\/fidulex.ch\/en\/how-the-swiss-3rd-pillar-works-2\/\">3rd pillar A<\/a><\/strong>.<\/p><p>This reform responds to the growing demand for flexibility in the management of the <strong>individual benefits<\/strong> and offers policyholders an opportunity to improve their tax situation. The first buy-backs will be possible <strong>from 2026<\/strong> for contributions not made by 2025.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e18483 elementor-widget elementor-widget-heading\" data-id=\"8e18483\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conditions for making a Pillar 3a purchase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b9b1db elementor-widget elementor-widget-text-editor\" data-id=\"7b9b1db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To make a purchase under Pillar 3a, a number of conditions must be met:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f588b35 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"f588b35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-right-arrow1\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">The insured must have <strong>contributed<\/strong> to Pillar 3a in the year for which you wish to purchase contributions, and also in the year of purchase.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-right-arrow1\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">He must have received a <strong>income subject to AHV<\/strong> in Switzerland during the buyback year and the buyback year.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-right-arrow1\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">In the year of the buyback, the insured must have paid the <strong>full ordinary contribution<\/strong> (7258 francs for 2025 and 2026).<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f65a2e elementor-widget elementor-widget-heading\" data-id=\"5f65a2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Tax benefits of Pillar 3a purchases<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7feb18 elementor-widget elementor-widget-heading\" data-id=\"d7feb18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Income tax deduction<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1579963 elementor-widget elementor-widget-text-editor\" data-id=\"1579963\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>At present, it is already possible to deduct contributions to the 3rd from taxable income up to a maximum of <strong>CHF 7,258<\/strong> in 2025, and <strong>CHF 7,056<\/strong> in 2024. Amounts paid into Pillar 3a in the form of repurchases are also <strong>fully deductible<\/strong> of taxable income, enabling policyholders to significantly reduce their annual tax burden.<\/p><p>It is now possible to buy back up to <strong>7,258 CHF<\/strong> (for 2025 and 2026). This option <strong>is added<\/strong> to standard annual contributions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7322fe6 elementor-widget elementor-widget-heading\" data-id=\"7322fe6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Advantageous taxation<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9674b64 elementor-widget elementor-widget-text-editor\" data-id=\"9674b64\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>What's more, funds accumulated in Pillar 3a are not subject to <strong>income tax and <a href=\"https:\/\/fidulex.ch\/en\/swiss-wealth-tax\/\">wealth<\/a><\/strong> as long as they remain in the account. When the funds are withdrawn, either on retirement or as part of an authorized early withdrawal, the lump-sum benefits are taxed separately at a <strong>reduced rate<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32cb4af elementor-widget elementor-widget-heading\" data-id=\"32cb4af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits of Pillar 3a<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb3f6ce elementor-widget elementor-widget-heading\" data-id=\"bb3f6ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Tax-free capital accumulation<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3608f98 elementor-widget elementor-widget-text-editor\" data-id=\"3608f98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"translation-block\">In addition to the deductibility of amounts paid as buybacks, pillar 3a offers a <strong>double tax advantage<\/strong> through its <strong>accumulation<\/strong> mechanism without taxation, allowing taxpayers to save efficiently, as the interest generated by the funds in the account is not subject to income tax or wealth tax as long as the money remains in pillar 3a.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a55df3 elementor-widget elementor-widget-heading\" data-id=\"4a55df3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Breakdown of withdrawals<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2fbb3d elementor-widget elementor-widget-text-editor\" data-id=\"a2fbb3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The flexibility offered by Pillar 3a allows taxpayers to <strong>distribute withdrawals<\/strong> over several years and\/or <strong>several accounts<\/strong> 3a to further optimize taxation. This approach limits the overall tax impact by avoiding higher tax thresholds for large capital withdrawals.<\/p><p>However, it is important to plan withdrawals carefully to avoid unexpected tax implications, including compliance with the <strong>three years<\/strong> if surrenders have been made. This period prevents the withdrawal of funds in the form of capital in the three years following a surrender, on pain of losing the tax deductibility of these amounts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>From 2025, Switzerland will introduce the possibility of making buy-backs in Pillar 3a, enabling taxpayers to catch up on contributions not made in previous years.  This innovation also offers significant opportunities for tax optimization.<\/p>","protected":false},"author":1,"featured_media":38297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[19,57],"tags":[],"class_list":["post-38295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fiscalite","category-actualites"],"_links":{"self":[{"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/posts\/38295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/comments?post=38295"}],"version-history":[{"count":13,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/posts\/38295\/revisions"}],"predecessor-version":[{"id":38309,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/posts\/38295\/revisions\/38309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/media\/38297"}],"wp:attachment":[{"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/media?parent=38295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/categories?post=38295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fidulex.ch\/en\/wp-json\/wp\/v2\/tags?post=38295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}