frankly. Maximum pillar 3a amount for 2023

How much can I deposit into my pillar 3a account?

The Federal Social Insurance Office has set the maximum amounts for pillar 3a («linked pension plan») for 2023. You can deposit up to the maximum amount of contributions into your pillar 3a account tax-free in the current year and deduct them from your income in your tax return in full:

Maximum contributions for pillar 3a in 2022:

For employees

Employed persons with pension fund (second pillar)

maximum CHF 7'056

For self-employed persons

Self-employed persons without pension fund (second pillar)

20% of net earned income, maximum CHF 35'280

Why should I pay the maximum amount into my pillar 3a?

If you pay the maximum amount into your pillar 3a each year, you will be excellently prepared for your old age.
By paying in the maximum amount you will achieve the maximum tax savings. You can find out more about saving on taxes here.

More tax saving tips

Useful to know:

Persons of retirement age can continue to pay into the scheme until five years after reaching the normal retirement age (women 64, men 65), provided they are still in employment.

Despite a temporary interruption in gainful employment, the pillar 3a deduction entitlement is maintained as soon as a replacement income or income from gainful employment subject to AHV contributions is received (e.g. military service, maternity, etc.).

You can’t pay the maximum contribution into your pillar 3a this year? Don’t worry, deposits can be made from as little as CHF 1. Here we show you why a pillar 3a is also worthwhile if you don’t have much money to spare.

Saving even with small amounts