Using retirement savings to pay debts

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2145

Can retirement savings from the second or third pillar be used to repay debts?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

Voluntary, unregulated retirement savings (3b) can be used to pay debts. On the other hand, occupational pension fund savings (2a) and tax-privileged retirement savings (3a) cannot be used to repay debt.

Best regards from Moneyguru

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