The maximum amounts for employed or self-employed persons that are paid annually can be deducted from taxes. Every person can decide how much they want to contribute, but only the legal maximum amount can be deducted from tax. The advantages of payments that are larger than the maximum amount are the higher interest rate and, therefore, the interest yield. However, the money on the Pillar 3a account is bound and can only be withdrawn according to the regulations of the provider. Withdrawals are, for example, possible for the financing of an own home or the founding of an own company.