In the 2023 tax year, taxpayers in Switzerland will be able to pay more into pillar 3a. Employed persons with a pension fund may now transfer a maximum of CHF 7,056 to the 3a pension account at their bank foundation or insurance company. In 2022, the maximum amount was CHF 6,883. In 2023, employees without a pension fund can contribute up to 20 percent of their annual earned income, up to a maximum of CHF 35,280, to pillar 3a. In the previous year, the maximum payment was limited to CHF 34,416.
Self-employed and employed persons can deduct the payments from their taxable income in their tax return. The annual contribution must be credited to your pension account by the end of the year. If you want to be on the safe side, pay in before Christmas.
Source: Canton of Berne Tax Office
No guarantee can be given for the topicality and completeness.
