The 3rd Pillar in 2020
The PilierSuisse team wishes you all the best for the new year 2020 and the new decade!
In 2020 few changes took place for the 3rd Pillar, Tax deductions ofthe 3rd Pillar 3A remain unchanged compared to 2019, so we remain at:
- CHF 6'826.- Deductible for employees.
- CHF 34'128.- Deductible for the self-employed.
In Geneva, tax deductions for 3rd Pillar B also remain the same:
- Single person: CHF 2'217.-
- Married/registered partners: CHF 3'326.-
- Per child: CHF 907.-
In 2020, the 3rd Pillar technical rate set by FINMA remains at 0.25%.
This rate is certainly low, but new hybrid solutions have appeared among companies that allow companies to have a guaranteed rate and returns ranging from 3% to 6% depending on the solutions. So rest assured, the 3rd Pillar remains a very advantageous investment in 2020.
Being in direct contact with all companies offering 3rd Pillars, we will regularly inform you of changes concerning the 3rd Pillar through our “News” section.
As always, our team of advisors is at your disposal if you have questions about pension provision or if you want to know what are the best 3rd Pillars that companies offer in 2020.
