The 3a retirement account comparison by moneyland.ch includes all relevant Swiss 3a accounts. Results are calculated based on yield-earning potential and account for factors like compounding interest, deposits held and annual contributions.
3a retirement accounts: the costs compared
Practical: Detailed breakdowns of key information provide a clear overview of fees, interest rates and notice periods. Filter criteria let you filter results to show only accounts which have no administrative fees.
3a retirement accounts: more information
Using Swiss pillar 3a retirement accounts
What do 3a retirement accounts cost?
How much can you contribute to 3a savings?
Savings on taxes with 3a accounts
Moving 3a accounts after 59/60 years old
How 3a comparison results are calculated
3a investment funds: tips for choosing the right plan
Pillar 3a comparison tool - help
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Pillar 3a: regulated retirement savings
In the Swiss pension system, the third pillar represents private, voluntary retirement savings. While no contribution or withdrawal limits are placed on 3b private retirement savings, 3a savings are tax preferred so contributions and withdrawals are regulated. 3a assets cannot be withdrawn until 5 years prior to retirement age (64 years old for women, 65 years old for men).
Pillar 3a: tax benefits
Holding assets as 3a retirement savings comes with many tax benefits. Tax savings vary based on taxable income, but can equal as much as 30 percent of the contributed amount.
In the year 2019, total contributions for those who also contribute to an occupational pension fund cannot exceed 6826 francs. Residents who do not contribute to an occupational pension scheme can contribute as much as 20 percent of their annual income to 3a savings, up to an annual limit of 34,128 francs (in 2019). Get an overview of annual 3a contribution limits in recent years here.
Third pillar: early withdrawal
An early withdrawal of 3a assets is only allowed in very specific cases. Circumstances under which you will normally be able to withdraw 3a assets ahead of retirement include: leaving Switzerland permanently, becoming self-employed, buying a home for use as a primary residence, buying shares in a housing cooperative or amortizing a mortgage on your primary residence. A favorable capital withdrawal tax is levied when you withdraw your 3a assets.
Advantages of 3a retirement accounts
+ Interest rates are generally higher than those of savings accounts and medium term notes.
+ Annual contributions can be deducted from your taxable income.
+ 3a accounts have a lower risk than 3a investment funds.
Disadvantages of 3a retirement accounts
- Limits on contributions.
- Limits on withdrawals: 3a assets are withheld and can only be withdrawn under very specific circumstances.
- In some cases, long-term returns may be lower than those delivered by higher-risk investments.
3a account providers included in the comparison
Aargauische Kantonalbank (AKB), Acrevis Bank, AEK Bank 1826, Alpha RHEINTAL Bank, Alternative Bank, Appenzeller Kantonalbank (APPKB), Baloise Bank SoBa, BancaStato, Bank BSU, Bank CIC (Schweiz), Bank Cler, Bank EEK, Bank EKI, Bank Gantrisch, Bank Linth LLB, Bank J. Safra Sarasin, Bank Sparhafen Zürich, Bank Thalwil, Bank Zimmerberg, Bank Zweiplus, Basellandschaftliche Kantonalbank (BLKB), Basler Kantonalbank (BKB), BBO Bank Brienz Oberhasli, Berner Kantonalbank (BEKB), Bezirks-Sparkasse Dielsdorf, Caisse d'Epargne de Cossonay société coopérative, Clientis Bank im Thal, Clientis Bank Leerau, Clientis Bank Oberaargau, Clientis Bank Thur, Clientis Bank Toggenburg, Clientis Biene Bank im Rheintal, Clientis BS Bank Schaffhausen, Clientis Caisse d'Epargne CEC, Clientis EB Entlebucher Bank, Clientis Regiobank Männedorf, Clientis Spar- und Leihkasse Thayngen, Clientis Sparcassa 1816, Clientis Sparkasse Oftringen, Clientis Sparkasse Sense, Clientis Zürcher Regionalbank, Credit Suisse, DC Bank Deposito-Cassa der Stadt Bern, Ersparniskasse Rüeggisberg (EKR), Ersparniskasse Schaffhausen, Freiburger Kantonalbank, Generali, Genfer Kantonalbank (BCGE), Glarner Kantonalbank, Graubündner Kantonalbank (GKB), GRB Glarner Regionalbank, Hypothekarbank Lenzburg, Jurassische Kantonalbank (BCJ), Leihkasse Stammheim, Luzerner Kantonalbank (LUKB), Migros Bank, Neue Aargauer Bank, Neuenburger Kantonalbank (BCN), Nidwaldner Kantonalbank (NKB), Obwaldner Kantonalbank (OKB), PostFinance, Raiffeisen, Regiobank Solothurn, SB Saanen Bank, Schaffhauser Kantonalbank (SHKB), Schwyzer Kantonalbank (SZKB), Spar + Leihkasse Gürbetal SLG, Spar + Leihkasse Münsingen, Spar- und Leihkasse Bucheggberg, Spar- und Leihkasse Frutigen, Sparkasse Schwyz AG, St. Galler Kantonalbank (SGKB), Thurgauer Kantonalbank (TKB), UBS, Urner Kantonalbank (URKB), Vadian Bank, Valiant Bank, Vorarlberger Landes- und Hypothekenbank, Waadtländische Kantonalbank (BCV), Walliser Kantonalbank (BCVS), WIR Bank, Zuger Kantonalbank, Zürcher Kantonalbank (ZKB), Zürcher Landbank, Banca Popolare di Sondrio (Suisse), Cornèr Banca, Swiss Life, Spar- und Leihkasse Wynigen, Liberty, Crédit Agricole next bank.