What is pillar 3a?
A Pillar 3a account can either be a savings account, but also an investment account. At Selma, you get an investment account, because investing into Pillar 3a can be a great option, given the rather long-term investment horizon.
Does pillar 3a make sense for me?
If you work in Switzerland, it is almost always a good choice to open a Pillar 3a account. Money you pay into Pillar 3a can be deducted from your taxable income and save you taxes.
Pillar 3a maximum amounts 2022
6'883 CHF 👉 if you're employed
34'416 CHF 👉 if you're self-employed
The maximum amounts vary from year to year.