Discover
- Overview
- Studying and career start
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  - Step 1
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  - Step 4
- Independence and fun
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  - Step 1
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Establish (selected)
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- First home
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  - Step 1
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  - Step 5
  - Step 6
- Build up career and assets (selected)
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  - Step 1
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  - Step 5 (selected)
- First pension provision
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  - Step 5
Optimize
- Overview
- Optimize home ownership
  - Overview
  - Step 1
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  - Step 4
- Optimize career and assets
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  - Step 1
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- Optimize pension provision
  - Overview
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  - Step 5
Realize
- Overview
- Realize your ideal home
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  - Step 1
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  - Step 5
- Prepare for retirement
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  - Step 5
- Realign your assets
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  - Step 1
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- Increase quality of life
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Enjoy
- Overview
- Enjoy retirement
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  - Step 4
- Transfer assets
  - Overview
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Step 5: How Can I Save Tax?

The Pension - 3rd pillar allows you to secure your financial future while reducing your tax bill. It is open to anyone whose earned income is subject to AHV/AVS contributions, and is an ideal way to round out your mandatory 1st pillar ( AHV/AVS) and 2nd pillar (occupational pension plan) provision.

Pension - 3rd Pillar

You can benefit from attractive tax advantages right from your very first payment into a pillar 3a account as you can deduct your contributions from your taxable income. This can make it worth your while to pay in the maximum contribution each year to a Pension 3rd pillar (New Window) account from Credit Suisse if you can afford to.

The maximum yearly tax-deductible contributions in 2010 are:

CHF 6,566 for those with an occupational pension plan (2nd pillar)
20% of net earned income, up to a maximum of CHF 32,832 for those without a 2nd pillar occupational pension plan

Example

One-income family with two children, protestant, taxable income: CHF 120,000 resident Zürich, tax rate 2010.

Other benefits: Your pillar 3a savings are not subject to wealth tax or withholding tax. In addition, on withdrawal the capital is generally taxed separately from your other income at a reduced rate.

Use the Pension Calculator for Regular Retirement (New Window) or the Pension Calculator for Early Retirement (New Window) from Credit Suisse to work out your personal tax savings.

Life Insurance as an Alternative Form of Investment

Life insurance from Credit Suisse is an attractive and tax-privileged alternative form of investment. Its main advantage is that you can shape your pension provision to suit your individual needs. Particularly interesting from a tax point of view are fund-linked life insurance (New Window) and endowment insurance (New Window) .

We look forward to assisting you in building up your assets and advising you on tax matters. Contact us for a no-obligation consultation (New Window) . Our advisors will be delighted to show you the best way of building up your assets.

Overview