To enjoy your retirement free of financial worries, you should start thinking early about a 3a retirement savings plan. The federal retirement plan (AHV/AVS) and an ordinary pension fund are generally not enough to assure your customary standard of living. A Liberty 3a retirement savings account enables you to set side supplemental tax-deductible retirement savings.

There are two good reasons for subscribing a 3a retirement savings plan: in addition to earning interest at market rates, your savings can be deducted from your taxable income. Moreover, the savings and the accrued interest are exempt from income and capital tax.

By way of example, let us assume you have taxable income of CHF 75,000; for each CHF 1,000 paid in, you will save about CHF 200 in taxes. Given the tax progression, the higher your income, the greater your tax savings.

In addition to your Liberty 3a retirement savings account, you may choose to insure a lump-sum death benefit and the loss of earning incapacity, or a combination of the two, to compensate any gaps in coverage. Conventional bank account solutions do not offer such comprehensive risk coverage.
 

For 2015, the maximum tax deductible allowance in the pillar 3a is:

CHF 6,768 for gainfully employed persons who are members  of a pension fund
20% of net earnings for gainfully-employed persons who are not members of a pension fund; max. CHF 33,840

The maximum amounts remain unchanged for 2016.

To enable us to certify the amount of your contributions for the current year, we must receive your contribution payments on our bank account by 31.12.2015 at the latest. Accordingly, we recommend that you make your transfers no later than 22.12.2015.

Transfers must be made using the payment slip which was sent to your personal attention with a letter at the end of October 2015.  If you have issued a standing order to your bank, we advise you to check it and make any necessary changes.