Pillar 3a: maximum contributions 2024
You can pay into pillar 3a every year and reap the tax savings. The maximum amount that can be deducted from income tax is the maximum contribution. It differs depending on whether or not you have a company pension (pillar 2).
23.02.2024
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Different maximum contributions for those with or without a company pension
If you earn income subject to OASI contributions, you are eligible to pay into pillar 3a. In 2022, the maximum pillar 3a contribution is:
If you have a company pension: CHF 6,883
If you do not have a company pension: 20% of earned income, but no more than CHF 34,416
On your tax return, pillar 3a contributions can be deducted from income subject to social insurance contributions. Everyone is free to choose how much they pay as long as the legal maximum is not exceeded.
The money in pillar 3a is tied up. You may not normally withdraw it more than five years before reaching statutory retirement age. There are exceptions, however. You can access it early to buy your own home, become self-employed, if you become disabled, or if you emigrate for good.
Use the to work out how much tax you can save where you live, depending on your income and 3a contributions.
Pillar 3a – maximum contributions 2003 to 2024
| Year | Maximum contribution with company pension | Maximum contribution with no company pension |
|---|---|---|
| 2024 | 7'056 | 35'280 |
| 2023 | 7'056 | 35'280 |
| 2022 | 6'883 | 34'416 |
| 2021 | 6'883 | 34'416 |
| 2020 | 6'826 | 34'128 |
| 2019 | 6'826 | 34'128 |
| 2018 | 6'768 | 33'840 |
| 2017 | 6'768 | 33'840 |
| 2016 | 6'768 | 33'840 |
| 2015 | 6'768 | 33'840 |
| 2014 | 6'739 | 33'696 |
| 2013 | 6'739 | 33'696 |
| 2012 | 6'682 | 33'408 |
| 2011 | 6'682 | 33'408 |
| 2010 | 6'566 | 32'832 |
| 2009 | 6'566 | 32'832 |
| 2008 | 6'365 | 31'824 |
| 2007 | 6'365 | 31'824 |
| 2006 | 6'192 | 30'960 |
| 2005 | 6'192 | 30'960 |
| 2004 | 6'077 | 30'384 |
| 2003 | 6'077 | 30'384 |
3-pillar system disadvantages SMEs
Comparis is calling for an increase in the maximum allowable contributions to pillar 3a to CHF 12,400 for women and CHF10,100 for men. After all, women with a gross income of more than 96,000francs per year and men with an annual salary of more than 105,000 francs have no chance of maintaining their previous standard of living in old age with the maximum amount currently in force. You can read more on the subject in the Comparis analysis "3-pillar system disadvantages SMEs".
More information on pillar 3a
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Make more of your pillar 3a
Optimize your retirement planning with a pillar 3a investment fund to lock in a better chance of higher returns. By choosing sustainable investment funds, you also do your bit for society and the environment.
You can review possible gaps and risks with the help of our pension experts at Optimatis, and find the right solution for you from one of our many partners. The consultation is free of charge and there is no obligation.
This article was first published on 09.01.2008