Voluntary contributions to pension fund close to retirement

Hi all,

I am one year from the earliest retirement age and would like to boost my Swiss pension fund by making a voluntary payment of around 30,000 francs. Is this possible? Are there any issues?

Hi there,

The rules which apply to making voluntary contributions to your 2a occupational pension fund close to retirement age are as follows:

1. If you will cash out your 2a assets when you retire, you can only make voluntary contributions to your 2a pension fund on a tax-privileged basis up until 3 years before you retire.

2. If you will receive a pension from your 2a pension fund upon retirement rather than cashing out your 2a assets, you can make voluntary contributions on a tax-privileged basis up until you retire.

Because different pension funds have different rules governing whether or not voluntary contributions are applied towards your pension or cashed out when you reach retirement age, you may not in every case be able to make voluntary contributions on a tax-privileged basis. A good first step would be to review the terms and conditions attached to your pension fund, or simply contact your pension fund and ask them directly.

Best regards from Moneyguru

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