Pillar 3a

16 articles

What kind of investment products does my pillar 3a plan include?

There are six different investment plans for pillar 3a with varying investment products.

Updated by Laurène

Do I need to get a Saxo bank account with Selma to get a Pillar 3a account?

No. You can open either an investment account, a pillar 3a or, if you like, both.

Updated by Laurène

What is pillar 3a?

Pillar 3a is an optional, tax-friendly way to invest for your retirement.

Updated by Carina Wetzlhütter

How much can I add to my pillar 3a account?

The yearly maximum for pillar 3a varies from year to year.

Updated by Laurène

Can I have multiple 3a accounts?

In general, there is no limit on the number of pillar 3a accounts you can open. The recommended maximum is 4.

Updated by Laurène

How do VZ Vorsorgestiftung and Selma work together?

Your pillar 3a pension investments at Selma are provided by VZ Vorsorgestiftung.

Updated by Laurène

How can I open my pillar 3a account?

Opening a pillar 3a account at Selma only takes a couple of minutes – and works completely online.

Updated by Laurène

What is the minimum for my pillar 3a account?

You can start with 1 CHF. Once you've saved up 500 CHF on the account, your money will get invested.

Updated by Laurène

Can I get a pillar 3a account with Selma?

In order to open a pillar 3a account with Selma, you need to work in Switzerland. There are few edge cases.

Updated by Laurène

Can I open more than one pillar 3a account with Selma?

Currently, you can only open one pillar 3a account with Selma.

Updated by Laurène

Does it cost anything to move my 3a to Selma?

No, Selma does not charge any costs for transferring your pillar 3a.

Updated by Laurène

Can I also invest into pillar 3a on a monthly basis?

Yes, you can transfer money whenever you like, up to the annual maximum amount.

Updated by Laurène

How does my pillar 3a money get invested?

Broadly speaking, your pillar 3a pension investments consist of a mix of ETF funds.

Updated by Laurène

When can I take out my pillar 3a money?

Usually, money in pillar 3a accounts is reserved for when you retire. 🔐👴

Updated by Laurène

Are there fees for withdrawing money?

Withdrawing the money is free for almost all cases. Only if you withdraw money earlier for your proprietary, you will have to pay a fee of 300 CHF.

Updated by Laurène

How can I move my 3a to Selma?

Print, sign and send the transfer form to move your 3a to Selma.

Updated by Carina Wetzlhütter

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